Curve, the UK consumer fintech, is set to embark on a seven-figure crowdfunding campaign with Crowdcube this coming September.
The banking platform is capitalising on its series B success, offering eligible customers a chance to invest as little as £10 and own part of the startup.
The crowdfunding decision, which will operate on a first come first serve basis, follows continuing demand from consumers to open up an allocation of investment and allow individuals to become a key part of Curve’s onward success.
The business, which consolidates multiple cards and accounts into one smart card and app, is valued at a quarter of a billion dollars and has attracted 500,000 customers since joining the market in 2018. This customer base is projected to double by the end of the year, complementing the company’s recent expansion to 160 employees.
Curve is joining forces with Crowdcube to allow customers to invest at the same Series B valuation as renowned institutional investors such as Gauss Ventures, Creditease or Cathay Innovation.
The platform boasts a successful track record for fintech crowdfunding, having already supported a selection of the brightest UK businesses such as Monzon, Freetrade and Revolut.
Shacar Bialick, founder and CEO of Curve says: “Curve’s crowdfund campaign presents an exceptional opportunity for our eligible customers to invest in a product they love and a business that is growing at a phenomenal rate.
"Innovation at Curve is constant, and we will be rolling out a series of game changing benefits and functionalities, while continuing our growth into Europe in the months ahead”.