Naschitz Brandes Amir and Taylor Wessing advises on the USD 95 million Series C funding for UK fintech company, Curve
Taylor Wessing and Naschitz Brandes Amir have advised on the USD 95 million funding round for UK fintech company, Curve, ahead of a planned U.S. launch and further European growth.
Taylor Wessing represented Curve on the Series C fundraising, building on previous work with Curve including its USD 55 million Series B funding round in 2019, its record-breaking crowdfunding, and supporting the company on key commercial transactions including a landmark collaboration with Samsung on SamsungPay.
Taylor Wessing’s team was led by Josef Fuss, with support from: Siobhán Langwade (senior associate), Joshua Gertner (associate) and Rebecca Gaunt (associate) from our Corporate Technology team; Ann Casey (Head of Incentives) and Graham Samuel-Gibbon (partner) from our Tax & Incentives group; and Lauren Clarke (associate) from our Financial Services Regulatory group. The team worked closely with Tal Eliasaf, Geraldine Shefet and the Naschitz Brandes Amir team.
Curve allows customers to consolidate their various debit and credit cards to a single smart card and app, providing an integrated and seamless ‘over-the-top’ banking platform.
The investment round was led by IDC Ventures, Fuel Venture Capital and Vulcan Capital, with participation from OneMain Financial and Novum Capital. IDC Ventures counts prominent scale-ups such as Tradeshift, RecargaPay, Boatsetter and CookUnity as part of its portfolio.