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Lloyds banking group has formally signed a controversial agreement to acquire curve, which had ambitions to become one of the uk's most prominent fintech champions, sky news learns. According to sky news, curve notified its investors this week that it had signed a share sale and purchase agreement with lloyds banking group. Lloyds banking group, the operator behind britain’s largest retail bank lloyds, has gone through with a £120 million deal to acquire digital wallet provider curve.
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The lender said in a statement on wednesday that the acquisition. Lloyds banking group has reportedly inked a £120 million deal to acquire uk digital wallet provider curve, marking a significant move in the fintech sector Lloyds banking group has reportedly signed a £120 million deal to acquire uk digital wallet provider curve.
Lloyds banking group plc is buying british fintech firm curve as part of a push to widen its digital offerings and take on challenger banks such as revolut ltd.
Lloyds banking group has agreed to acquire fintech curve for £120 million, a move that signals the bank’s most significant push yet into embedded finance and modern payment experiences
