Lloyds Banking Group (LYG,LLOY.L) announced the acquisition of Curve, a London based fintech operating a digital wallet platform. Curve operates a digital wallet platform that brings all cards and alternative payment sources into one platform while adding money-saving and loyalty features. The company said, including capital impact, the transaction is not expected to have a material impact, or to impact full year guidance for 2025 or 2026.
Lloyds Banking said the acquisition of Curve is a strategic move to broaden and accelerate Lloyds Banking Group's digital transformation. The integration of Curve Pay, Curve's technology and digital wallet, into Lloyds Banking Group's current digital offering, will allow Lloyds Banking to offer its customers an enhanced payments experience within mobile banking.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.