Lloyds to acquire Curve to enhance digital wallet platform

Lloyds Banking Group has announced the acquisition of Curve, a UK-based fintech offering a digital wallet platform, to advance its digital transformation efforts. Last week, Sky News reported that Lloyds has formally signed an agreement to acquire digital wallet provider, in a transaction worth up to £120m ($157m). This acquisition is said to widen the British lender’s digital capabilities and deliver enhanced payment experiences for its 28 million customers. It is expected to be completed in the first ...