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Click HERE to find out ⭐ Curve Closes Latest Crowdfunding Campaign With Nearly £10 Million Raised. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Curve, a London, UK-based financial app provider, closed a nearly £10m in equity raise on Crowdcube.
11,795 investors participated in the campaign. These crowdfunds follow the £132m Curve has raised in cash and capital commitments to-date in the recent Series C, led by IDC Ventures, Fuel Venture Capital and Vulcan Capital.
Curve will use the funds raised by crowdfunding and its recent Series C round for its international expansion and product innovation.
This strategy includes the rollout of its Curve OS platform in the US, broadening its European reach, and the launch of Curve Credit in the UK, and in Europe. To deliver this, Curve plans to add at least 200 employees to its workforce over the course of 2021.
Crowdfunding: Fintech app Curve rakes in £10m in just 54 hours
London fintech Curve allows users to consolidate all their credit and debit cards into one smart card and app.
Fintech app Curve has raked in nearly £10m in just 54 hours, in the largest equity raise on crowdfunding platform Crowdcube’s record.
A collection of 11,795 investors pushed the equity raise into near double digits, breaking multiple records during Crowdcube’s campaign.
Closing at 3pm yesterday, investors raised £9.9m. The fintech app, which connects all bank accounts and offers spending habit insights, was also the fasted to hit £6m on the British crowdfunding platform – in just two hours and 49 minutes.