2019 was the year that London-based Fintech firm Curve consistently hit the headlines and its valuation soared to $250 million. Last year Curve raised $4M in 4 minutes with their crowdfunding campaign and their growth shows no sign of slowing.
So why is everyone talking about Curve?
Company Visit to Metro Bank with Insider London
Recent years have seen satisfaction fall below 60% with the UK’s big four banks (Barclays, HSBC, Lloyds & RBS). This is one of several reasons often proffered for the rise of the challenger bank. KPMG reports that this is a worldwide movement though particularly concentrated in the UK because of its lack of saturation with big banks compared to other markets and its early adoption of digital banking.