Curve secures $40m to expand digital wallet offerings

By Gloria Methri

London-based FinTech Curve has secured a £37 million ($40m) investment led by Hanaco Ventures. Existing shareholders Fuel Ventures, IDC, Outward VC and Lord Stanley Fink also participated in the deal. This fresh investment will help Curve roll out new products in 2025, enhance customer experiences, and achieve its profitability goals.

With big tech firms like Apple now required to open their NFC technology and digital wallet adoption surging across the UK and Europe, the market is becoming more competitive than ever. Banks are also stepping up, launching their digital wallets, giving consumers more choice in how they manage their finances.

As a long-time champion of financial flexibility, Curve is positioning itself at the heart of this shift. The latest funding will allow the company to expand its partnerships, improve its infrastructure, and create solutions that benefit both consumers and banks. With demand for greater financial control growing, Curve seeks to capitalise on these changes, ensuring it remains a key player in the future of digital banking.

“This latest investment reflects the confidence in Curve’s vision to redefine the digital wallet space,” said Shachar Bialick, Founder & CEO of Curve. “The Wallet Wars are here, and the only available solutions for customers to date are simple wallets which do nothing more than let you pay with your card. Curve is the only wallet that adds superpowers to your money; avoid FX fees from any linked card, split old purchases into installments, earn cashback on top of any card and more. We see issuers looking to enter the market, and networks introducing innovative products such as Visa Flex and MasterCard One Credentials. This investment would allow us to invest further in our customer experience, bring new partnerships, and accelerate our path to profitability.”

Tomer Jacob at Hanaco said, “Curve reimagined the digital wallet delivering a one-of-a-kind financial experience that simplifies and supercharges how you pay and manage your money – all without changing your bank. The team has proven to be resilient and innovative, and we are excited to support Curve as it continues to grow, bringing more choice and flexibility to the digital wallet market, and its millions of users.”

The company has built a digital wallet that gives its six million+ users greater control over their money. It all started with the Curve Card—a single card that consolidates multiple payment methods. Features like stacking rewards, real-time spending insights, and avoiding foreign exchange fees help customers save money and make smarter financial decisions. Meanwhile, its Go Back in Time® feature allows users to move transactions between cards retroactively, helping them manage cash flow and avoid debt.

Beyond payments, Curve also offers unique borrowing tools. Curve ReFI lets customers instantly transfer balances between cards, reducing interest charges, late fees, and overdrafts. Another innovation, Curve Flex, allows users to split any past or future purchase into manageable instalments, no matter where they shop. Strengthening its focus on financial empowerment, Curve has also partnered with Infact to introduce real-time credit reporting for Curve Flex customers, ensuring greater transparency and control over credit health.