All-in-one card and financial app Curve has secured a $1 billion credit line from Credit Suisse to support its instalment transaction product Curve Flex as it scales across the UK, the EU and the United States, according to Finextra.
The Curve Flex product allows customers to split any transaction they’ve made with Curve – at any merchant, using any card, anywhere in the world – into monthly instalments.
In the UK, Curve Flex launched with a product called Swipe Now to Pay Later (‘SNPL’) – enabling customers to split any transaction they make on the Curve card into three, six, nine or 12 monthly instalments.
To date, Curve has raised more than $180 million in equity investment and has amassed more than four million customers globally.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
