Curve OS Limited announced that it has received £72.5 million in funding from IDC Ventures, Fuel Venture Capital, Vulcan Capital, OneMain Holdings, Inc., Novum Capital Beratungsgesellschaft mbH
January 10, 2021
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Curve OS Limited announced that it has received £72.5 million in its series C round of funding co-led by returning investor IDC Ventures, Fuel Venture Capital, and Vulcan Capital on January 11, 2021. The transaction also involved participation from OneMain Holdings, Inc. (NYSE:OMF) and Novum Capital Beratungsgesellschaft mbH. The company has raised almost $175 million (£129.395 million) in funding till date. The company has issued common stock in the transaction.
OneMain Holdings, Inc. is a financial service holding company. The Company provides personal loan products; offers credit cards; offers optional credit insurance and other; offers a customer-focused financial wellness program, and acquisitions and dispositions of assets and businesses. It provides origination, underwriting, and servicing of personal loans, primarily to nonprime customers. In addition, the Company offers two credit cards, BrightWay and BrightWay+, through a third-party bank partner. The Company offers optional credit insurance products, such as credit life insurance, which provides for payment to the lender of the finance receivable in the event of the borrowerâs death; credit disability insurance, which provides scheduled monthly loan payments to the lender during borrowerâs disability due to illness or injury, and credit involuntary unemployment insurance, which provides scheduled monthly loan payments to the lender during borrowerâs involuntary unemployment.
Curve OS Limited announced that it has received £72.5 million in funding from IDC Ventures, Fuel Venture Capital, Vulcan Capital, OneMain Holdings, Inc., Novum Capital Beratungsgesellschaft mbH