By Aisling Finn on Friday 28 May 2021
The fintech raised £6m in two hours and 49 minutes, smashing the previous record set in its 2019 campaign of £6m raised in four hours and 42 minutes.
Crowdfunding is a rite of passage for UK fintechs and Curve is quickly becoming one of the most successful crowdfunders out there.
In its most recent campaign, which closed at 3pm yesterday afternoon, the all-your-cards-in-one fintech raised just shy of £9.9m from nearly 12,000 eager investors.
“It’s really the most fulfilling thing sitting in the office and watching the bar go up and seeing questions coming out from potential investors and not even having the chance to answer before someone in the community coming in with the right answer. It’s just phenomenal!”
Curve’s initial target was £1m, which it easily sailed past. The fintech even beat its own record from its September 2019 campaign which saw it raise £6m in four hours and 42 minutes, while in its latest campaign, over the course of just two hours and 49 minutes, Curve hit the £6m mark.
When asked what’s next on the horizon for Curve, Bialick told AltFi that he has European domination on his mind.
“We’re really doubling down on growth in Europe. Most of our growth in Europe has been organic so far, we haven’t spend anything on marketing yet and there’s a real need for our products in Europe.”
“The next step will also be expansion in the US, which is set to go live later on this year. We are building a financial super app, and still have a long way to go, but moving into credit, customer loans and over time, even moving into crypto—allowing our customers to buy, sell, spend and send major cryptocurrencies from Curve directly.”