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Curve announced the launch of its startup

Oct 19, 2020

The startup is being launched with an ethos of responsible lending and borrowing

Curve startup

Curve announced the launch of its startup. Source: shutterstock.com

Curve has collaborated with UK core banking technology provider Thought Machine to power its new credit and loan offering, Curve Credit.

Curve Credit is a new startup from the banking platform Curve which allows customers to pay for purchases in installments.

Along with Thought Machine’s core technology, Curve Credit allows its users to spread payments over 3, 6, or 9-month periods.

Besides, Credit can be applied both retrospectively and prospectively by using Thought Machine’s core platform and Curve’s ‘Go Back in Time’ technology.

Unbeatable financial services organizations are those which embrace modern, cloud-native technology, like Curve. We look forward to working alongside Shachar, Paul, and the Curve team, to bring this truly unseen proposition to the market. Our teams share a passion for building expertly-engineered products that give customers choice and flexibility in managing their finances, and to do so in a meaningful way
Paul Taylor, CEO of Thought Machine

We’ve reported that Curve?announced?Apple Pay support for its users. The card information is secure as long as it isn’t stored on the device or shared during the payment.

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