Payments startup Curve has announced its intention to fully launch in the UK this year, and make a consumer version of the product available.

Curve has passed 50,000 sign-ups and £50 million in user spending ahead of its full UK launch. The London-based startup has also confirmed that it will close a Series A funding round this summer, and will unveil a ‘Connect’ feature that allows users to manage their money and get a better deal on banking and FinTech services all in one place.

Curve launched in Beta last year for entrepreneurs, sole traders and freelancers. An all-cards-in-one Curve MasterCard eliminates bank foreign exchange fees abroad and aims to simplify expenses.

Shachar Bialick, founder and CEO of Curve, said: “The time is right to scale up and launch Curve for consumers. We’ve built a simpler, safer way to spend and save money, without the need to change your behaviour or switch banks - that’s a unique proposition and one we hope consumers and our partners will love.”

Curve has raised $5million in seed funding from VCs and FinTech entrepreneurs so far, and will close a sizeable Series A funding round this month - with more than one major financial institution coming on board, the firm has stated.

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