London-based payments startup Curve has raised an additional £2 million in seed funding, bringing its total raise to £3.5 million. It says it is on course for a sizeable Series A round by the end of December ahead of the planned release of its consumer card early next year. New investors include Connect Ventures (investors in Citymapper and Typeform), Paul Townsend (Envoy) and the Samos Bros (Kabbee and betfair), joining existing backers including Taavet Hinrikus (CEO TransferWise), Ricky Knox (CEO Azimo), Ed Wray (co-founder of betfair), Seedcamp, Speedinvest and the Google Wallet founding team.

Bill Earner, partner at Connect Ventures, says: “Despite Brexit, London FinTech continues to explode with numerous exciting prospects but we’ve not seen any other startups taking Curve’s approach of becoming your wallet. We love the fact that this isn’t just one more account or app the user needs to think about – it’s the only app they need. They are innovating within the FinTech space, while enabling users to enjoy the future today thanks to their unique Curve card.”

Built on the Mastercard network, the venture offers an ‘all your cards in one’ physical card and mobile app. A beta was launched earlier this year, limited to small businesses and freelancers.

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by Scott Thompson
Scott is Senior Editor at IBS Intelligence. You can follow him on Twitter and contact him at: Scott.Thompson@ibsintelligence.com
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