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Fintech outfit Curve closes £9.9m in record high crowdfund

Fintech outfit Curve closes £9.9m in record high crowdfund
Image: © bnenin/Stock.adobe.com
The campaign launched earlier this week and clocked in nearly £10m in less than three days from 12,000 investors.
Curve, the fintech company behind the ‘all-in-one’ payments card, has raised £9.9m in the largest equity crowdfunding raise on Crowdcube.
It is the London-based company’s latest foray into crowdfunding. It attracted nearly 12,000 investors in less than three days with the first £6m raised in the first three hours of the campaign going live.
Curve, which allows customers to consolidate their various payment cards into one, raised £132m in January in a Series C round from IDC Ventures, Fuel Venture Capital and Vulcan Capital. ....

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Curve Raises Nearly £10M in Equity Crowdfunding

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. ....

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Crowdfunding: Fintech app Curve rakes in £10m in just 54 hours

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. ....

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Curve raises nearly £10m in largest ever equity raise on Crowdcube

Curve raises nearly £10m in largest ever equity raise on Crowdcube
Fastest raise to hit £6m, setting a new Crowdcube record
Surge in demand from customers and retail investors in race to £10m
Curve, the fast-growing financial super app, has closed the largest ever equity raise on Crowdcube, breaking multiple records during the campaign. The raise closed at 1500 BST today, hitting nearly £10m in funding from 11,795 investors.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210527005782/en/
Curve raises nearly £10m in largest ever equity raise on Crowdcube
In another record, Curve was the fastest ever company on Crowdcube to raise £6m, which it did in just 2 hours 49 minutes after it went live on 25th May. The fundraise has also been Crowdcube s most popular in 2021 and far outstrips the total of £6m Curve raised during its 2019 crowdfund. ....

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Curve : raises nearly £10m in largest ever equity raise on Crowdcube

Nearly 12,000 investors raised £9.9m in just 54 hours Fastest raise to hit £6m, setting a new Crowdcube record Surge in demand from customers and retail investors in race to. ....

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