London based credit card startup Curve has raised $10m in Series A funding led by Banco Santander. Curve combines all users’ cards into one Mastercard®, enabling them to spend from their card-linked accounts, and provides a secure mobile app to manage their money in one place.
Backers included Connect Ventures, Speedinvest, Oxford Capital, Breega Capital, Samos Investments, Henry Ritchotte (ex Deutsche Bank COO), Gael de Boissard (ex Credit Suisse board member), Alessandro Hatami (The Pacemakers; ex Lloyds, Paypal, GE Capital), Paul Townsend (Vitesse PSP, Barclays, WorldPay), Emilian Popa (Rocket Internet, Naspers, Groupon), and Rohan Haldea (Apax Partners). The company, which has raised $13m in total funding, intends to use the funds to accelerate growth by building more innovative features and recruiting talent ahead of its full launch expected later in 2017.
http://www.finsmes.com/2017/07/fintech-startup-curve-raises-10m-in-series-a-funding.html