In brief: Curve completes the largest equity fundraising in Crowdcube's history
Curve has just broken a record by raising the largest amount of equity funding on Crowdcube, the UK's participatory finance platform.
The FinTech has indeed managed to mobilize nearly 12,000 investors to raise a total of £9.9 million. And this in only 54 hours.
These new funds will allow Curve to :
- continue its rapid growth in Europe and the United States ;
- recruit nearly 200 new employees by the end of 2021.
By 2020, Curve had already hired over 100 new employees. The FinTech had in fact doubled its customer base and seen its transaction volume processed increase by more than £1 billion to £2.6 billion, despite the pandemic environment.
Curve now has an estimated valuation of £592 million.