Just like Klarna, Curve credit offers credit on purchases made with your Curve card, which is to be paid back in instalments.
Read also: Curve all-in-one system now includes loyalty cards
Henry Kenner has been around the financial industry for about three decades already. He was the managing director of Deutsche Bank, Swiss Re Capital and Dutch bank ABN Armo.
“The need for responsible lending, which gives people flexibility and control has never been greater, given the current challenging times,” said Kenner.
“Curve Credit’s approach, which is focused on giving the customer transparency and flexibility, will allow individuals to positively make use of credit and support them with great customer service. It’s an approach that will be a force for good in the credit market,” he added.
Curve Credit is aiming to attract 300,000 active customers in the UK in the first three years and launch in the US in its first year. Curve as such has managed to overcome the Wirecard struggle and now is looking to raise fresh capital.
“We’re delighted to have Henry join us. His deep institutional experience and know-how will ensure that Curve Credit’s commitment to responsible credit will be upheld throughout our customer experience,” said Paul Harrald, head of Curve Credit.
