Curve launches new functionality that allows customers to transfer crypto rewards to external wallets
The latest rewards upgrade gives users more flexibility, more options and more control over digital assets.
LONDON, 13 April 2023 /PRNewswire/ — Basket1the financial super app and a unique digital wallet that allows you to maximize the rewards from your existing cards and gives you the opportunity to earn in cashback or in cryptohas announced the launch of a new feature that enables its customers to transfer their crypto rewards from merchant transactions to their own digital wallets.
Curve recognizes the importance of offering its customers and crypto-curious with even more flexibility in relation to digital assets. Curve allows users to “supercharge” their money by combining their existing debit, credit and rewards cards into an all-in-one in-app payment card. When users earn rewards with the Curve app or card, Curve gives them the option to convert those rewards into one of 10 different cryptocurrencies2including Bitcoin and Ethereum. The new feature, which is available for the United States3 and UK-based Curve customers who hold crypto assets, enabling them to easily and securely transfer their rewards to their own digital wallets, including many popular options on the market.
“We understand that many of our clients are invested in a variety of cryptocurrencies and want to increase the spending power of their assets at this time in the market,” said Shachar Bialick, CEO of Curve. “With this new functionality, we give our customers the freedom to manage their earned rewards as they see fit, whether they want to trade them on exchanges, use them to make purchases or keep them for long-term investments. It’s putting the power back in the customers’ hands.”
The launch of this new functionality reinforces Curve’s commitment to offering its customers innovative digital financial services. By giving customers the ability to transfer their rewards to wallets of their choice, Curve empowers them to make the most of their investments and take hold of their financial future for the next wave of crypto adoption.
Curve, which launched to the public in 2018 and has amassed more than 4 million customers globally, gives customers more control over their existing cards by turning both physical and digital wallets into a single card, allowing them to carry less and charge the money theirs. With Curve, customers have full control over their existing accounts, eliminate currency and transaction fees, and provide a complete financial and spending picture in one place, enabling better budgeting and maximizing rewards without thinking about it.
To date, Curve has raised more than 180 million dollars in equity investments and has reached millions of customers worldwide with its unique product and innovative partnerships with the likes of Samsung.
For more information, visit www.curve.com
About curve:
Curve is a financial super app. It is on a mission to be a one-stop-shop for all of a consumer’s financial needs; a single access point to a wide range of financial products and services, bringing all your money into one smart card and an even smarter app. Unlike other services available on the market today, Curve allows customers to connect and top up their legacy banks to the 21st century, without leaving the bank or registering for a new bank. Curve has over four million customers and lives in 31 markets across the UK and the European Economic Area (EEA) and now the US.
Curve supports Mastercard, Visa (debit only in certain markets) and Diners Club networks. Curve Card and e-money, relating to cards issued in the UK, is issued by Curve UK Limited, authorized and regulated in the UK by the Financial Conduct Authority to issue electronic money (permanent reference number 900926). Curve Card and e-money, related to cards issued in the EEA, are issued by Curve Europe UAB, authorized in Lithuania by Bank of Lithuania (electronic money institution license no. 73 issued on 22 October 2020).
1 The basket card program is operated by Hatch Bank. Crypto rewards are powered by Zero Hash.
2 Cryptocurrencies include Aave (AAVE), Bitcoin (BTC), Cardano (ADA), Ethereum (ETH), Chainlink (LINK), Litecoin (LTC), Polkadot (DOT), Solana (SOL), Uniswap (UNI) and Stellar (XLM)
3 Crypto transfers currently not available in west.virginia and Maryland.
SOURCE Curve
