Curve is most well known for allowing users to consolidate all of their credit cards into a single cards; users can in turn manage the cards and the charges related to each card; a subsidiary called Curve Credit has submitted an application to the FCA for Consumer Credit Authorisation; their application is still pending but Curve Credit plans to let users pay off credit card debt as well as split transactions into installments within the Curve app; Paul Harrald, Head of Curve Credit stated, “Curve Credit will offer our customers a unique combination of capabilities that will generate a truly satisfying experience. We’re able to do this because we will be a genuine “fintech” lender, using the synergies, the economies of scope, that exist between payments, lending, and a beautiful UX design. Customers can shop with any merchant, using any underlying funding card they choose, and we will allow them either immediately or at their leisure to “go back in time” and split the purchase into installments. So, we’re always available, any-merchant, any card, point-of-sale finance. And, you can change your mind later. This is a truly unique offering that will change the way people manage their cash flow.” CrowdFund Insider
