Curve, the London-based fintech that combines multiple cards and accounts into one smart card and even smarter app, has named Anju Patwardhan as a non-executive director to its Board.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Fintech Firm Curve Adds Former President of Samsung’s Global Strategy Group Cuong Do to Its Board
February 2, 2021 GMT
Fintech Firm Curve Adds Former President of Samsung’s Global Strategy Group Cuong Do to Its Board (Photo: Business Wire)
Fintech Firm Curve Adds Former President of Samsung’s Global Strategy Group Cuong Do to Its Board (Photo: Business Wire)
LONDON (BUSINESS WIRE) Feb 2, 2021
Curve, the London-based fintech that combines multiple cards and accounts into one smart card and even smarter app, has named Cuong Do as an independent Board director.
Fintech Curve Adds Former Samsung Executive to Board of Directors
Curve, a UK based Fintech providing banking services, has named
Cuong Do as an independent Board director, according to a note from the company. Do was most recently President of the
Samsung Global Strategy Group, where he was responsible for developing and executing enterprise-wide strategy and building out Samsung’s business plans. Before Samsung, he was the Chief Strategy Officer for Merck, TE Connectivity and Lenovo. Do also was a Senior Partner at McKinsey & Company.
Cuong Do Formal Portrait
2011
Do said that what stood out to him about Curve was the team’s impressive execution so far, and Curve’s vision of providing consumers with a central point of access to their finances.
Curve, a London-based banking platform which allows customers to consolidate multiple cards into one smart card and app, announced it has secured $95 million as part of a successful Series C funding round.
This fresh funding brings the total investment in Curve to almost $175 million.
The funding round was led by IDC Ventures, Fuel Venture Capital and Vulcan Capital (the investment arm of the estate of Microsoft co-founder and philanthropist Paul G. Allen), with participation from OneMain Financial, a US personal finance company, and Novum Capital. Counting IDC Ventures, Curve also attracted many of its investors for a second time.
Curve will deploy the investment to expand internationally including to the US and to deepen its European reach. Curve will also use the fresh funding to drive ongoing product innovation, notably of Curve Credit in early 2021.
Curve says closing its new $95M Series C funding will put it on track for a US launch
Curve, the London-based fintech that combines multiple cards and accounts into one smart card and an app, has secured a Series C funding round of $95 million. The financing was led by IDC Ventures, Fuel Venture Capital and Vulcan Capital (the investment arm of the estate of Microsoft co-founder and philanthropist Paul G. Allen), with participation from OneMain Financial, the U.S. personal finance company, and Novum Capital. Several previous investors also participated. The fundraise brings the total investment in Curve to almost $175 million. Curve says it plans to use the funds to expand internationally, including to the U.S., and to deepen its European reach. It will also be pushing its Curve Credit product.