Curve, the digital wallet that saves you money, announced it has secured a £37M investment led by Hanaco Ventures, with the participation of existing shareholders such as Fuel Ventures, IDC, Outward VC and Lord Stanley Fink. The funding will support Curve’s ambitious plans for 2025, including industry-first product launches and a series of customer-driven enhancements set to redefine how consumers manage their money in the future. Crucially, this capital injection strengthens Curve’s financial position, accelerating its path to profitability while continuing to innovate and scale.

With regulatory changes forcing behemoths like Apple to open their NFC technology and digital wallet adoption surging across the UK and Europe, combined with banks actively looking to introduce their own wallet solutions, the market is primed for intense competition in digital wallets. As people seek more options and greater flexibility in how they control their finances, Curve, as the established champion for consumer choice, is developing an offering that benefits both consumers and banks simultaneously. The investment from Hanaco will further enable Curve to capitalize on these market shifts—precipitated by consumer demand for more choice—by expanding its market presence and partnerships, strengthening its infrastructure, and enhancing customer experiences.

“This latest investment reflects the confidence in Curve’s vision to redefine the digital wallet space,” said Shachar Bialick, Founder & CEO of Curve. “The Wallet Wars are here, and the only available solutions for customers to date are simple wallets which do nothing more than let you pay with your card. Curve is the only wallet that adds superpowers to your money; avoid Fx fees from any linked card, split old purchases into installments, earn cashback on top of any card and more. We see issuers looking to enter the market, and networks introducing innovative products such as Visa Flex and MasterCard One Credentials. This investment would allow us to invest further in our customer experience, bring new partnerships, and accelerate our path to profitability.”

“Curve reimagined the digital wallet delivering a one-of-a-kind financial experience that simplifies and supercharges how you pay and manage your money – all without changing your bank,” said Tomer Jacob at Hanaco. “The Curve team has proven to be resilient and innovative, and we are excited to support Curve as it continues to grow, bringing more choice and flexibility to the digital wallet market, and to its millions of users.”

Curve has consistently delivered a digital wallet designed to provide greater control and flexibility to its growing global customer base of what is currently over six million users. Starting with the Curve Card—the one card to rule them all. While benefits like stacking rewards, real-time spending insights, and avoiding foreign exchange fees, empower customers to save money and make informed financial decisions, innovations such as Go Back in Time® allow them to retroactively move transactions between cards, and manage their cash flow better, avoid debt, etc.

The Curve also offers several unique borrowing features and benefits. Curve ReFI enables customers to instantly transfer balances from one card to another, preventing unnecessary interest accrual, late payment fees, and overdrafts. Another recent invention, Curve Flex enables customers to split any past or future purchases into manageable installments, wherever they shop. Further strengthening its commitment to financial empowerment, Curve has this week partnered with Infact to introduce real-time credit reporting for Curve Flex customers.

A key milestone for the company will be the upcoming launch of Curve Pay, a digital wallet alternative for Android and iOS users.

Apple Pay, Google Wallet, and the Incoming Curve Pay: Key Features & What’s Next

Apple Pay

✅ Seamless Contactless Payments – Works via NFC in stores, in-app purchases, and online checkouts.
✅ Security – Uses tokenization, Face ID/Touch ID authentication, and does not store actual card details.
✅ Apple Ecosystem Integration – Available on iPhones, Apple Watch, iPads, and Macs.
✅ Express Transit Mode – Allows quick payments for public transport without unlocking the device.
✅ Global Availability – Works in 80+ countries, with support for major banks.

Google Wallet

✅ Multi-Purpose Digital Wallet – Stores debit/credit cards, loyalty cards, transit passes, event tickets, and even digital IDs.
✅ Cross-Platform & Wear OS Support – Works on Android smartphones, smartwatches, and tablets.
✅ Security First – Uses biometric authentication, tokenization, and encrypted transactions.
✅ Google Pay vs. Google Wallet – Google Pay handles payments, while Wallet is evolving into an all-in-one digital storage app.
✅ Expanding Global Reach – Supports a growing list of countries and banking partners.

Curve Pay: What’s Coming?

🔹 One Card for All – Curve aggregates multiple bank cards into one app and payment card.
🔹 Go Back in Time – Allows users to retroactively switch payment methods after a transaction.
🔹 Cashback & Rewards – Potential for smarter rewards and cashback on purchases.
🔹 No Foreign Exchange Fees – Curve is known for offering better FX rates when spending abroad.
🔹 Potential Apple Pay & Google Wallet Integration – Curve Pay could work as a bridge, adding more flexibility for users.

What Curve Pay Could Bring to the Table

🚀 A True Digital Wallet Alternative – Could compete with Apple Pay & Google Wallet by offering a universal solution.
💳 Enhanced Spending Control – Real-time transaction management and custom spending rules.
🌍 Ideal for Travelers – No FX fees, multi-currency support, and smarter spending insights.
🔗 Unified Digital Payments – Could integrate bank cards, crypto payments, and BNPL (Buy Now, Pay Later) options.

Bottom Line

Apple Pay and Google Wallet are leading digital payment solutions, but Curve Pay could disrupt the space by offering a more flexible and bank-agnostic approach. It will be interesting to see how it integrates with existing ecosystems and what unique benefits it brings to users.

About Curve

Curve is a pioneering digital wallet that goes beyond simply storing your cards digitally. Unlike other digital wallets, Curve actively works to save you money and enhance every payment you make. Through its cutting-edge wallet technology, Curve will help you avoid hidden foreign transaction fees from any linked card, allows you to switch payment cards even after purchase, and lets you earn rewards on top of your existing card benefits.

The Curve Wallet sits at the heart of this technology, bringing all your cards and other payment sources into one secure platform while adding unique money-saving features. Whether you’re shopping online, in-store, or abroad, Curve gets the most value for your money. Authorised and regulated in the UK, EEA, and US, Curve has amassed more than 6 million customers globally and processes billions in payments annually while continuing to innovate in digital finance.