🏆 Deal of the Week · CW 38/2023
Curve raised GBP 58 million in a Series C funding round; valuation terms were not disclosed. The round was backed by a consortium of five investors including Britannia, Cercano Management, Cohen Circle, IDC Ventures, and Outward VC. The deal was recognised as Deal of the Week for KW 38/2023.
Curve — key deal facts
| Company | Curve |
| Founded | 2015 |
| Headquarters | London, United Kingdom |
| Amount raised | GBP 58m |
| Valuation | Valuation Remains Undisclosed |
| Round | Series C |
| Investors | Britannia (https://www.britannia.ventures/) Cercano Management (https://www.cercanolp.com/) Cohen Circle (https://cohencircle.com/) IDC Ventures (https://idcventures.com/) Outward VC (https://outwardvc.com/) |
| Sectors | FinTech |
Who invested in Curve?
The Series C was funded by Britannia, Cercano Management, Cohen Circle, IDC Ventures, and Outward VC. The investor mix spans specialist fintech venture capital alongside family office and growth-stage capital, reflecting broad institutional confidence in Curve's multi-market expansion strategy. No single lead investor was disclosed.
What does Curve do?
Curve is a London-headquartered FinTech founded in 2015 by Shachar Bialick. The company operates an 'all your cards in one card' platform, consolidating multiple bank cards into a single smart card and companion app. Core product features include Go Back in Time® (retroactive card switching on completed purchases), cashback rewards, Buy Now Pay Later, credit facilities, and business expense management. Curve serves more than six million customers across the United Kingdom, the United States, and 31 European markets.
Curve valuation & multiples
No existing multiples data was provided for this round. When valuation terms are disclosed, FinTech deal benchmarking typically references EV/Sales and EV/EBITDA ranges specific to payments and card-infrastructure businesses. For current sector comparables, see the Venionaire DealMatrix FinTech multiples pages.
Explore the benchmarks: Series C.
Frequently asked questions
How much did Curve raise in its Series C?
Curve raised GBP 58 million in its Series C funding round, recognised during KW 38/2023.
What is Curve's valuation?
Curve's valuation was not disclosed as part of this Series C funding round.
Who invested in Curve?
The Series C investors were Britannia, Cercano Management, Cohen Circle, IDC Ventures, and Outward VC.
When was Curve founded and where is it based?
Curve was founded in 2015 and is headquartered in London, United Kingdom.
Source: original announcement — read the full report.