19 October 2020

Curve, Thought Machine partner on credit offering  

Written By FinTech Alliance in Payments

Curve, Thought Machine partner on credit offering  

Card consolidation FinTech Curve is working with Thought Machine on a credit and loan offering.  

In Brief:  

  • Thought Machine provides cloud-native core banking technology to banks and FinTechs.  

  • Curve Credit will allow users to spread payments over a number of months.  

  • It will also help customers’ credit scores using transaction history across accounts.  

What does this mean? 

The buy now pay later market is booming, and credit options are a way for FinTech companies to enhance their offering and increase revenue. Curve is fast expanding from simply a payment solution that lets you pay from any account on one card to a far more rounded money management offering. The business says that Thought Machine’s Vault offering will bring “flexibility and manageability” to the new product.  

Read more here.  

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