Shachar is on a mission to simplify the way people spend, send, see and save money and is working towards a connected world of money, tailored individually for each customer.
He founded London-based Curve in 2015 to simplify and enhance people’s finances by having everything under one umbrella instead of the disconnected system that currently exists. His company bundles all existing debit and credit cards into one single card and app and has 4.5 million customers globally in 31 markets across the UK and European Economic Area.
Curve’s employees are made up of 45 nationalities, operating on two continents, committed to driving a global shift in how people deal with money.
Under Shachar’s direction, Curve secured an additional £58 million in 2023 in an extension of its Series C funding round.
The round saw participation from Britannia, IDC Ventures, Cercano Management, Cohen Circle, Outward VC, and other existing shareholders, and brings the total Series C funding to over £133 million. To date, Curve has raised £208 million in equity investment.
Shachar has plans to expand its lending business, Curve Flex, and forge new partnerships and he believes Curve is “on trajectory” to reach profitability by early 2024.