Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Thursday it has appointed the former head of Samsung Pay Europe, Nathalie Oestmann, as its new Chief Operating Officer.
According to Curve, Oestmann will be responsible for Operations and People, as well as executing the strategy developed by the leadership team and to ensure that all parts of the Curve organization continue to work in harmony in preparation for its expansion into Europe and the U.S. in 2020. Speaking about Oestmann’s appointment, Shachar Bialick, Founder and CEO of Curve, stated:
“Nathalie is an incredibly talented and energetic force and it is testament to the heights Curve has reached that we can welcome someone of Nathalie’s calibre to the team at Curve as our new Chief Operating Officer. Nathalie’s industry experience and track record make her the ideal choice to propel the team forward as we progress in our mission to move banking to the cloud and accelerate our growth.”
Oestmann then added:
“I feel privileged to be joining Curve at this pivotal moment as it scales its platform, offering, and customer base. The company’s vision of moving banking to the cloud is both unique and powerful and it provides its customers with a compelling value proposition with minimal behavioural change. My primary objective at Curve will be to ensure we realise our full potential as we take the company into our next chapter of growth.”
Oestmann’s appointment comes less than a month after Curve secured £4 million on Crowdcube, hitting that amount in minutes. As previously reported, the securities offering is completed as 9,555 smaller investors funded just shy of £6 million in 6 hours (£5,951,710 – according to the campaign page). The pre-money valuation of Curve was at about £200 million.