UK FinTech Curve has unveiled the news that it is expanding its partnership with Mastercard, which will make the banking app a principal member.
The two businesses have collaborated since 2016 when Curve launched its first debit card that combined multiple cards into one card.
“Having partnered with Curve over the last four years, we are delighted that our relationship continues to grow and meet our collective ambitions,” said Scott Abrahams, senior vice president of business development and FinTech at Mastercard.
“Curve’s success is welcome proof of our commitment to tailoring support for FinTechs and continually disrupting ourselves to the meet the changing needs of our partners. We look forward to working with Curve to bring their innovative solution to many more customers as part of this agreement.”
Becoming a principal member means that Curve is able to work more directly with Mastercard, take control of its own card issuing, and take advantage of a wider range of products and services to enhance their proposition.
“Becoming a principal member of Mastercard is a huge milestone for Curve and we are delighted to have entered this next phase of our relationship as we build on our success and continue to invent and deliver fantastic products for our customers,” said Shachar Bialick, founder and CEO at Curve.
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