Britain’s biggest high street lender is closing in on a deal to buy Curve, a provider of digital wallet technology that its new owner hopes will give it an edge in the race to build smarter online payments systems. Sky News has learnt that Lloyds Banking Group could announce the acquisition of Curve for about £120m as soon as this week.
City sources said this weekend that the terms of a transaction had been agreed, although a formal announcement could yet slip to later in the month. Lloyds has been in talks with Curve about a takeover for some time, with Sky News revealing that discussions were taking place in July.
In total, the company has raised more than £200m in equity since it was founded in 2016 by Shachar Bialick, a former Israeli special forces soldier.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
