FinTech Futures: Top five stories of the week – 9 December 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The firm plans to scale its lending business Curve Flex across the UK, EU and US.
The partnership will enable the app’s 4m users across Europe to continue to make the most of open banking.
Curve and Gemini lay off employees, while Citi plans on hiring 4,000 techies.
Curve launched in 2018 and has already spread to 31 markets across the globe.
With the ever fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
The first quarter of 2021 has seen a handful of big rounds.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
And the money keeps rolling in for fintech. U.K. challenger bank Revolut announced a $66 million investment it will use to introduce new features and expand globally, starting with Asia and North America. Meanwhile, Santander InnoVentures, the bank’s fintech venture capital fund, has added U.K.-based Pixoneye and Curve and U.S.-based Gridspace to its portfolio.
Payments startups usually boast about their ability to future-proof their technology. For U.K. payments startup Curve, a big part of its appeal is helping users go back in time.
Curve and its all-cards-in-one Curve Mastercard and accompanying banking app apparently has struck a chord with small businesses and freelancers. More than 50,000 SMEs have signed up for the London-based startup’s program, which recorded £50 million (US$63.3 million) in user spending since the beta period began last year.