The mobile wallet permits you to sync your debit and credit cards right into a single app and to the accompanying Curve card powered through Mastercard. then you simply select which card you need the Curve card to act as a conduit for any funds you make offline or on-line, meaning you handiest need to carry a single bodily card with you.
other Curve app features embrace the flexibility to look and tag your whole transactions in one situation in actual-time (in spite of which card they originate from), search thru and export your spend historical past across all of your playing cards, lock or unlock your Curve card at any time, and considerably lower overseas alternate when spending in another country.
most likely most amazing, then again, is that together with ultimately turning into available on Android Curve has quietly put in situation a function it’s calling ‘Labs’ so that it will see the app start to hook up with other fintech or digital monetary products and services — to that end offering the makings of the fintech convergence technique Curve’s roadmap has at all times been constructed on.
right here’s how I explained it when Curve launched on iOS:
the company’s founders are making a bet on the premise that whenever there’s disruption — on this case, following technological and regulatory adjustments, a plethora of new fintech firms are unbundling quite a lot of components of the banking sector — this inevitably results in fragmentation. What then sooner or later follows is convergence.
I’m going to guess that Curve Labs will see it hook up with fintech services and products like TransferWise for sending money out of the country (TranferWise founder Taavet Hinrikus is an investor in Curve, after all), Nutmeg for investing, or more than a few card-linked money-back or loyalty packages. Watch this space.
in the meantime, the Curve iOS is getting an replace next week, adding ‘e-mail Receipts’. the speculation is that whilst you pay with Curve, that you may receive a breakdown of your transaction to your email inbox, and might add a receipt image to that electronic mail from with the Curve app. That means it’s simple to getting expenditure to your company’s finance person or your accountant/ebook keeper.
I additionally remember that Curve is closing in on a series A round of around $ eight million, though it’s not relatively a achieved deal but. As ever, you heard it hear first.
Startups – TechCrunch