Curve, the banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has announced a new expanded partnership with Mastercard that sees it become a principal member of the payments technology company.

Curve and Mastercard have been working closely together since Curve launched, introducing the world’s first debit card that combines multiple cards into one in 2016.

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 its proposition. The announcement also signifies the next important milestone in Curve’s journey to simplify and unify the world of money for people across the globe.

Shachar Bialick, Founder and CEO, Curve commented: “Mastercard was our launch partner from day one, even before the company had a name and without an innovative partner like Mastercard, Curve would not have achieved the heights it has. 

“Curve is revolutionising the way people manage their finances, and as the company continues to innovate and grow, Mastercard has been there with us every step of the way; focusing on the customer and developing new products that help people live their life to the fullest.  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.”

Scott Abrahams, Senior Vice President, Business Development and Fintech at Mastercard added: “Having partnered with Curve over the last four years, we are delighted that our relationship continues to grow and meet our collective ambitions. Curve’s success is welcome proof of our commitment to tailoring support for fintechs and continually disrupting ourselves to 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.”