Curve raises £9.9m on Crowdcube in the platform's largest ever equity campaign.
Nearly 12,000 retail investors participated in the record-breaking crowdfund to support international expansion and product development.
Curve operates a financial super app that links multiple bank cards and accounts into a single card and mobile application. The company serves millions of customers across the UK and Europe.
Curve has secured £9.9m in a crowdfunding campaign on Crowdcube, completing the raise in 54 hours. Nearly 12,000 retail investors participated in the campaign, which follows previous backing from institutional investors including IDC Ventures, Fuel Venture Capital and Vulcan Capital.
The capital will support the company as it rolls out its platform in the US, expands across Europe and prepares to launch Curve Credit. To support this growth, the firm plans to add at least 200 employees during the year.
Investor perspective
"Hats off to Curve for another landmark raise with Crowdcube, they continue to impress investors with their unique proposition. It’s a really exciting time for their shareholders, both new and existing, to be part of their ongoing success and their mission to shape the future of finance."
Luke Lang
co-founder and CMO, Crowdcube
Use of funds
- 01Expand into international markets
- 02Continue product development
- 03Grow the team
