Curve, a London-based fintech that allows consumers to store their payment cards in a single location, announced the appointment of Renata Sumskaite as CEO and Head of Curve Lithuania, in a move that cements its growth strategy from an EU-licensed base.
The Lithuanian office represents a gateway to frictionless trade for Curve and its customers across the European Union. Renata will be focusing on innovation and product development at Curve.
Renata came to Curve following a role as Head of Fintech hub ‘Rise Vilnius’ by Barclays and was also Head of the Barclaycard Change Delivery team in Lithuania. She brings strong relationships and deep local knowledge of the fintech landscape in Lithuania.
Curve was founded in 2015 with a mission to simplify the way people spend, send, see and save money. Its mobile platform allows customers to manage their spending on all linked cards, and access a growing number of features including contactless and mobile payments.
The firm had raised £10 million during a recent crowdfunding round several months after closing a US$95 million Series C funding round.
Renata Sumskaite, CEO and Head of Curve Lithuania said,
“I’m looking forward to further building Curve’s profile and working with the product teams to drive growth. Working in this environment is really inspirational, supporting and driving Curve’s deeper penetration and growing its product footprint in Europe.
Curve’s European customers will benefit from our ability to turbo-charge the banking experience, bringing 21st century money management to many millions, which has been crucial during these changing times.”
Shachar Bialick, Founder and CEO of Curve said,
“On behalf of everyone at Curve, I would like to welcome Renata on board. I’m certain she will maximise the opportunities Lithuania as a gateway has to offer, boosting Curve’s products in line with market trends and beyond.
Lithuania is home to innovation-friendly regulation and a vibrant fintech community, including a sizable pool of engineering talent. These were a major draw for Curve, and will help maximise our growth around Europe.”
