Lloyd’s Bank Acquires Curve for £120 Million, Expanding UK Digital Wallet Solutions

COINOTAG News, November 18 — Sky News reports that Lloyds Bank has agreed to acquire Curve, the digital wallet provider, for £120 million. The deal signals a strategic shift toward integrated digital payments platforms within the UK banking landscape.

Curve, a London-based fintech founded in 2015 as Curve Card Ltd., specializes in digital wallets and payment orchestration, and should not be conflated with the Ethereum-native project Curve Finance.

Market observers view the acquisition as evidence of ongoing consolidation in the UK fintech and digital payments space, with potential implications for card networks, merchant services, and consumer wallets under Lloyds Bank. Regulatory clearance and integration milestones will determine the deal’s long-term credibility.