TrueLayer a global open banking platform that aims to offer better financial experiences to its consumers. It empowers businesses of every size, be it start-ups or conglomerates in the payment methods, and offers them access to financial insights as enroll consumers throughout the UK, Europe, and Australia.
TrueLayer has partnered with Curve, to offer consumers of Curve more control and flexibility over their finances. Curve’s next-gen financial apps enable consumers to keep their cards and accounts in one smart digital wallet. The one-stop finance management for consumers helps them gain insights into their expenses, manage their finance, and allow them to make better decisions. Curve is collaborating with TrueLayer to access recurring payments and instant bank payments to its Curve ecosystem with a mission to financial freedom for customers.
Francesco Simoneschi, CEO and Co-Founder, TrueLayer, said, “We’re delighted to be partnering with Curve. This is another milestone in the evolution of Open Banking, with two UK innovators collaborating to bring the benefits of modern, instant payments to everyday purchases and VRP to credit repayments. It’s exciting to see one of the leading UK FinTech businesses spearheading the next phase of Open Banking’s evolution, and we look forward to working with the Curve team, delivering a more compelling payment experience to its growing customer base.”
Curve a London-based financial organization allows its consumers to keep their credit and debit cards in one place i.e., on the platform of Curve. It does this to provide complete financial freedom to its users and elevate the transaction experience. The financial firm uses bank-level security and ensures no sensitive data is saved on the phone of their users.
Shachar Bialick, Founder and CEO, Curve, stated, “Curve is delighted to partner with TrueLayer to offer our customers the best of payments innovation: greater insight into their accounts, which results in the reduction of their borrowing costs, and more control over their payments. Curve was doing open banking before Open Banking existed, and we’re excited that the sector keeps developing with new technology like VRP. We are excited to be pioneers again with this new technology which was incepted in the UK by the CMA, and look forward to working with TrueLayer to make sure our customers can benefit from these advancements.”