Global law firm Ashurst has advised Lloyds Banking Group plc on its acquisition of the entire issued share capital of Curve, a London-based fintech company operating an innovative digital wallet platform.
The acquisition of Curve represents a strategic move by Lloyds Banking Group to broaden and accelerate its digital transformation agenda. Curve operates a pioneering digital wallet platform that consolidates all cards and alternative payment sources into a single, secure platform while offering innovative money-saving and loyalty features to its users. Authorised and regulated in both the United Kingdom and the European Economic Area, Curve processes billions in payments annually through its technology platform and continues to drive innovation across the digital finance landscape.
Ashurst’s cross-practice team was led by corporate partner Rob Aird, supported by senior associate Nick Lever, and associates Hassan Naveed and Sophie Hensher.
The wider team comprised of global loans partners Michael Neary, Briony Holcombe, and associates Andrew Kahl and Daniella Ciccone. Employment partner Crowley Woodford and senior associate David Pemberton. Financial regulatory partner Bradley Rice, senior associate Hannah Pack and associate Roni Fass. Restructuring partner Simon Clarke and IP senior associate Emily McCracken. Digital economy partners Fiona Ghosh, David Futter, Rhiannon Webster, senior associates Tom Brookes and Denae Erasmus, and associate Saba Nasrolahi. Tax partner Nicholas Gardner, senior associate Shayaan Zaraq Bari and associate Christopher Phillips. Dispute resolution partner Philip Linton, counsel Sophie Law, senior associate Anthony Asindi and associates Curtis Allen and Miran Bahra. Competition partner Nigel Parr, counsel Emile Abdul-Wahab, associate Brihadeesh Murali and pensions counsel John Gordon.