Curve launches its first credit card
The fintech has taken another step towards its tagline: “One card to rule them all”
Curve, the fintech that consolidates all your cards into one app, has launched its first credit card.
The new card comes with enhanced protections and the standard flexibility of Curve, which allows users to retroactively move purchases between different payment methods or split almost any payment from the previous year into instalments.
Bringing in the new credit card allows Curve to introduce section 75 protection on both the new card and every card that a user adds to their Curve wallet, as the company tried to become “the most secure and flexible credit card on the market”.
Section 75, which typically is only available for credit cards but will apply to all cards in a user’s Curve wallet, provides protection on all purchases between £100 and £30,000.
All of Curve’s typical benefits, like Curve Flex (its retroactive payment splitting feature) — which it plans to expand in the near future to introduce the option to refinance credit card debt with a lower cost amortised loan — cashback, zero foreign exchange fees and ‘anti-embarrassment mode’.
According to Curve, which has the ambitious tagline “One card to rule them all”, its ultimate vision is to host a financial marketplace within its app.
The new credit card follows the company’s recent £58m raise, which brought its Series C raise to more than £133m in total.
It brought the fintech’s total equity raised so far to £208m.