Curve: London fintech raises new round despite filing concerns - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Payment startup Curve has raised a fresh $95 million but faces questions over its late financial filings

Asked why the filings were late, a Curve representative said: "We have now filed our 2019 accounts at Companies House. These were delayed by a few days, as a result of our focus being fully centered on a successful Series C fundraise."During a crowdfunding drive in September 2019, Curve did not reveal a monthly active user figure, but claimed in an investor pitch deck it would reach 4 million customers by the end of 2020. The firm subsequently raised £6 million from the drive.

"The number of active users is commercially sensitive information, but what we can say is that over the past 12 months we have seen significant growth both in customer numbers, which now total 2 million up from around a million at the start of 2020, and the value of transactions processed by our platform, which now exceeds £2 billion up from around £1 billion over the same period," they said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Curve’s revenue has been flat.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How a year of rising tension inside Google led to its first union - Business InsiderGoogle once stood for 'Don't be evil.' Insiders describe how it spiraled into a culture of mistrust that helped build a union aiming to keep management in check. thanks Google is EVIL. They may try to show it otherwise, but ask the black folks and other minorities who work there how they feel about working in this Gulag. It’s too big, needs to be regulated.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Red Cedar, a new quant hedge fund from Alexander Chernyy - Business InsiderHow this new hedge fund led by a former WorldQuant and Jefferies executive is uncovering new datasets to avoid the pain that hit quants in 2020
Source: BusinessInsider - 🏆 729. / 51 Read more »

GPS data shows Trump supporters made it deep inside US Capitol - Business InsiderGPS data tracked 618 videos from Parler users inside the US Capitol last week. The mob made it deep inside the building. Well no kidding... That's what happens when the authorities welcome them in, and then directs them to the House Floor. OH! And lets not forget about the selfies the cops took with 'protesters' either.
Source: BusinessInsider - 🏆 729. / 51 Read more »

My Pillow guy Mike Lindell: The inside story, in Trump's final days - Business InsiderThe My Pillow guy is a former crack addict and bankrupted gambler who made – and might soon lose – millions thanks to a religious devotion to Trump This headline is NUTS lmaoooo 🤷‍♀️ETTD So in other words he turned his life around and now we need to cancel him for having a different political opinion
Source: BusinessInsider - 🏆 729. / 51 Read more »

MyPillow guy Mike Lindell: The inside story, in Trump's final days - Business InsiderThe MyPillow CEO is a former bankrupt gambler who made – and might soon lose – millions thanks to a religious devotion to Trump Trump was president and is a businessman bankrupt by incompetence, but he starts a new career as a leader of U.S. internal terrorists, who can exterminate millions of white Americans, blacks and poor immigrants, with the help of his fanatical followers. How are things with the capitol now? My Shillow. Country over Pillow.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside the meteoric rise of Jon Gray at private-equity giant Blackstone - Business InsiderJon Gray is the future of Blackstone. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image. horrible Check out this, gonna be the next dogecoin
Source: BusinessInsider - 🏆 729. / 51 Read more »