'It's rare to see Series B of this size in the market, and it is indeed pretty unique to the fintech vertical we're in.'
This story requires our BI Prime membership. To read the full article,UK fintech startup Curve has raised $74.2 million to-date with the vast majority coming from its massive $55 million Series B earlier this year.
Curve also recently used an amended version of its pitch deck as part of rapid £6 million crowdfunding.London's fintech scene is potentially the hottest on the planet right now with startups covering every possible area popping up regularly. The company aims to"rebundle" financial services and move banking onto the cloud — saying it's trying to streamline fragmented services with a single point of access, better leverage data add value. In short, it wants to become what it calls"the Spotify for money." The company is estimated to be valued at about $202 million.
"The Series B fundraising was a major milestone for Curve from many perspectives," Shachar Bialick, Curve's CEO and founder, told Business Insider in an interview."It's rare to see Series B of this size in the market, and it is indeed pretty unique to the fintech vertical we're in, predominantly due to the size of the opportunity and the success metrics we're hitting.
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