Latest news with #ShacharBialick
Finextra
22-05-2025
- Business
- Finextra
Curve Wallet to compete with Apple Pay on iOS devices
AFter arriving on Android, London-based digital wallet curve has taken advantage of the opening up of the iPhone NFC interface to provide a compelling alternative to Apple Pay on iOS devices. 1 Apple was forced to open up its architecture to third parties after acceping a European Commission ruling in July last year on competition concerns. Until now, iPhone users have been locked into Apple Pay, with no way for banks or wallet providers to compete on experience, insight, or economics. Curve's wallet brings all of a customer's card into one place with built-in smart features— including real-time spending insights, the ability to switch payment sources post-transaction, split payments and rewards stacking — giving iOS users more functionality than the simple tap-to-pay experience from Apple Pay. "The payments ecosystem has for far too long been a one player game. Now with Apple's hands forced to open to competition, Curve Pay ushers in a new era of choice for iOS consumers," says Shachar Bialick, CEO & Founder of Curve. "Curve Pay empowers users to see and spend their money differently and opens a gateway to more intelligent spending. With Curve Pay also recently going live on Android, we are bringing universal access to all Curve users, regardless of device — so everyone can now manage their money, on any phone, with all the unique Curve benefits that comes with it." Bialick claims to be the first company in Europe to give iOS users a choice when using their Apple device. This claim may be disputed by Norway's Vipps, which in December rolled out a competing tap-to-pay option to Apple Pay on iPhones.
Yahoo
22-05-2025
- Business
- Yahoo
Curve Pay is the First Wallet in EEA to Compete with Apple on iOS
Curve Pay is the first to offer iPhone users a new way to pay. With better insights, zero fees, and unparalleled control, Curve is the premium digital wallet alternative to Apple Pay in the EEA LONDON, May 22, 2025 /PRNewswire/ -- Curve, the ultimate digital wallet, today announced the launch of Curve Pay on iOS, marking a watershed moment in mobile payments. Curve Pay becomes the first payment solution to leverage the newly accessible iPhone NFC interface after Apple's acceptance of the European Commission's ruling on competition concerns, making it the first-ever viable Apple Pay alternative on iOS. There has been a sharp increase in the use of mobile contactless payments in Europe - last year digital payment adoption exceeded 60% for online transactions and 25% for payments in-store . This growth has a knock-on effect for consumers. Until now, iPhone users have been locked into Apple Pay, with no way for banks or wallet providers to compete on experience, insight, or economics. Curve Pay ends that monopoly. As a staged wallet with built-in smart features — including real-time spending insights, the ability to switch payment sources post-transaction, and rewards stacking — Curve Pay gives iOS users more functionality than ever before. "The payments ecosystem has for far too long been a one player game. Now with Apple's hands forced to open to competition, Curve Pay ushers in a new era of choice for iOS consumers," said Shachar Bialick, CEO & Founder of Curve. "Curve Pay empowers users to see and spend their money differently and opens a gateway to more intelligent spending. We are the first in the European Economic Area to give iOS users a choice which previously did not exist. With Curve Pay also recently going live on Android, we are bringing universal access to all Curve users, regardless of device — so everyone can now manage their money, on any phone, with all the unique Curve benefits that comes with it." Unlike pass-through wallets like Apple Pay, which simply transmit existing card credentials, Curve's staged architecture means it actively sits in the payment flow. That allows Curve to offer far more than a tap-to-pay experience. Customers can retroactively change the card they used, split payments, earn cashback, track spending in real time and even pay from accounts like PayPal — all through a single app. With over six million customers and existing partnerships with major brands including Samsung and PayPal, Curve has long led the charge against the traditional players with zero fees, and offering consumers real choice. The launch of Curve Pay on iOS is a significant step to reshaping everyday spending. Curve Pay is now available to iOS users in the European market. About Curve Curve Pay is a pioneering digital wallet that works to save you money and enhance every payment you make. It avoids hidden currency conversion fees, lets you switch cards after purchase, and helps you earn more rewards on top of your existing benefits. At the heart of the experience is the Curve Wallet, bringing all your cards into one secure place and putting your finances on autopilot. Available across the UK and EEA, Curve has over 6 million users and processes billions in annual payments. Authorised and regulated by regulators in all regions it operates, Curve continues to simplify and unify the way people spend, send, see, and save their money. Media contact Gavin Horwichgavin@ View original content: SOURCE Curve
Yahoo
17-03-2025
- Business
- Yahoo
Digital wallet provider Curve raises £37m in funding
Curve, an UK-based digital wallet provider, has raked in £37m ($47.9) in a funding round led by Hanaco Ventures. Existing shareholders including Fuel Ventures, IDC, Outward VC, and Lord Stanley Fink also contributed to the round. This capital is expected to facilitate the company plans for 2025, focused on new product launches and 'customer-driven enhancements'. Curve plans to expand its market reach, forge new alliances, and enhance its infrastructure, aimed at speeding up its road to profitability. Currently, the company serves over six million users worldwide. Curve CEO & founder Shachar Bialick said: "Curve is the only wallet that adds superpowers to your money; avoid Fx fees from any linked card, split old purchases into installments, earn cashback on top of any card and more. We see issuers looking to enter the market, and networks introducing innovative products such as Visa Flex and MasterCard One Credentials. This investment would allow us to invest further in our customer experience, bring new partnerships, and accelerate our path to profitability." Tomer Jacob FROM Hanaco stated: 'Curve reimagined the digital wallet delivering a one-of-a-kind financial experience that simplifies and supercharges how you pay and manage your money - all without changing your bank. The Curve team has proven to be resilient and innovative, and we are excited to support Curve as it continues to grow, bringing more choice and flexibility to the digital wallet market, and to its millions of users." The Curve Card provides rewards accumulation, real-time spending insights, and avoidance of foreign exchange fees. Its 'Go Back in Time' feature allows users to transfer transactions between cards retroactively, aiding in cash flow management and debt avoidance. Additionally, Curve ReFI offers customers to shift balances between cards, preventing late payment fees, and overdrafts. Curve Flex further supports financial management by enabling customers to split past or future purchases into smaller, more manageable instalments. Curve has partnered with Infact to introduce real-time credit reporting for Curve Flex users. " Digital wallet provider Curve raises £37m in funding " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
