Banking platform Curve has raised almost £6mn (as of 9am, 4 Sept) on popular crowdfunding platform, Crowdcube.
In Brief:
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The FinTech raised £1mn in the first five minutes. And £4mn in 42 minutes.
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Curve is a banking platform that consolidates multiple cards onto one card and app.
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Crowdcube allows individual users to invest as little as £10.
What does this mean?
Crowdcube has proved fruitful for a number of FinTech businesses including Monzo. This could be a sign that democratising investment by opening up the market to consumers is paying off for FinTechs.
