London based digital wallet fintech Curve has announced that the company has received a new strategic investment by Samsung Next. This new investment takes Curve’s total raised funds to over $250 million, and will be used to further enhance its products and offerings to financial consumers.
With digital wallets expected to comprise half of all e-commerce spending in the UK, worth an estimated £203.5 billion by 2027, competition in the digital wallet market is intensifying. Curve, a pioneer in this sector, is looking to race ahead by enabling consumers to consolidate multiple cards into a single smart card and app and receive a host of financial features that offer unparalleled flexibility, convenience, and financial insights. Curve’s approach allows users to move transactions between cards after they have already been made, eliminate currency conversion fees, earn up to 20% cash back on purchases, and use a host of financial wearables for ease and convenience….
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