Fintech outfit Curve closes £9.9m in record crowdfund

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 £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 $95m in January in a Series C round from IDC Ventures, Fuel Venture Capital and Vulcan Capital. This followed a $55m Series B round in 2019.

The company said the Crowdcube effort was to allow people to “follow in the footsteps of some of tech’s leading institutional investors”.

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Source: Fintech outfit Curve closes £9.9m in record crowdfund