Everyone invested

Samsung enters the personal finance management space: partnership with fintech Curve

After last month’s announcement by Korean tech giant Samsung that it was entering the personal finance management space, it has been announced that UK based fintech Curve will be its implementing partner. The product will be run on Curve‘s technology to power its new debit pay card, named “Samsung Pay Card”. The product will directly compete with Apple’s Apple Pay feature. Keeping customer centricity key, the joint venture states they are ” making it easy for Samsung smartphone owners to pay using their mobile phone, regardless of who they bank with. Samsung Pay has struggled to get the banking relationships needed to make it anything like a ubiquitous payment option. However, Curve cleverly circumvents this with its own Mastercard Curve debit card, which does support Samsung Pay and therefore any bank card added to Curve does too.”

Read the full article here

Share this Article
Related Insights
Dutch FinTech Map 2022
Make sure your company is on the map! Are you a member, or active in the Netherlands? Provide your details to be featured!
Amsterdam Fintech Week
Amsterdam FinTech Week is back on 9-16 September, fully in-person and online. Be a sponsor, co-organizer, or just participate at the summit or one of the countless side events.
AMLD5 Guide
A source for consulting PSD2 legislation coupled with commentary, tips & tricks, applicability, in collaboration with our member law firms.

How likely are you to recommend Holland FinTech?