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An Amazon of banking?
That’s the description — perhaps clichéd but still apt — applied to FinTech firm Curve, which is on the hunt for $50 million in fresh capital, according to recent comments made by CEO Shachar Bialick to CNBC. The Amazon comparison came from Bialick, who also said that the three-year-old firm is looking to become more of a platform for services from various providers, explaining why it has not applied for a banking license.
In a recent interview with PYMNTS, Bialick said that the British startup seeks to let users control all of their financial accounts through its app, keeping access and information in a centralized location, consolidated across debit and credit.
Read full article » https://www.pymnts.com/innovation/2018/curve-financial-app-fintech-funding/
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PYMNTS.com is reinventing the way in which companies share relevant information about the initiatives that shape the future of payments and commerce and make news. This powerful B2B platform is the #1 site for the payments industry by traffic and the premier source of information about “What’s Next” in payments and commerce. C-suite executives, company founders, and investors turn to it daily for these insights, making the PYMNTS.com audience the most valuable in the industry. It provides an interactive platform for companies to demonstrate thought leadership, popularize products and, most importantly, capture the mindshare of global decision-makers. It’s where the best minds and best content meet on the web. Innovations in payments and commerce have become highly intertwined. PYMNTS covers every aspect from retail reinvention to the Internet of Things.