OTT banking platform Curve enhances portfolio of partners

OTT banking platform Curve has significantly strengthened its portfolio of partners unveiling new collaborations with Garmin, Fitbit and Sony’s Wena pay

The deals serve to expand the presence of the platform, which consolidates multiple cards and accounts into one smart card and app. 

Diego Rivas, Curve’s Head of Product OS stated: “Wearables are fast becoming one of the most convenient ways to pay for things on the go. Bringing Curve’s unique all-your-cards-in-one benefits to three of the biggest players in the wearables space, and enabling their customers to be able to pay with any bank using the Curve platform truly cements Curve as the ultimate way to manage all your finances in one place.”

Curve currently holds a unique position in the market as an OTT banking platform, which seeks to deepen payment efficiency for its customers, allowing them to integrate all their banking cards into one. 

Integration with digital wallets; starting with Google Pay and Samsung Pay in November meant for the first time Curve customers were given the freedom and convenience of paying with their mobile phones, and has now further extended its smart watch range. 

As part of the deals, users of all three of the wearables’ businesses will benefit from Curve’s myriad of features such as making all cards fee free when spending abroad, 1% instant Curve Cash, Curve fronted debit payments when spending on credit cards, spending insights across all accounts, and can even transfer money between accounts up to two weeks after a purchase has been made on Curve cards across all 31 EEA countries.

It builds on a strong period for Curve as the platform became the fastest startup in history to raise £4m in crowdfunding. After initially reaching its £1m target in under five minutes, the round was eventually closed around £6m after being significantly oversubscribed.

Curve’s expanded suite of wearables means even more customers can leave their wallet at home, whether it’s fitness fans grabbing a snack after a park run or time-savvy travellers on their commute, Curve customers who upload a card to the wearable device can now pay with any bank, even if it was previously incompatible.