Lloyds Banking Group today announced the acquisition of Curve, a London-based fintech operating an innovative digital wallet platform.

The acquisition of Curve is a strategic move to broaden and accelerate Lloyds Banking Group’s digital transformation.

Curve operates a pioneering digital wallet platform that brings all cards and alternative payment sources into one secure platform while adding innovative money-saving and loyalty features. Authorised and regulated in the UK and EEA, Curve processes billions in payments annually through its technology platform alongside continuing to drive innovation in digital finance.

Alongside the services that Curve currently offers to customers, the integration of Curve Pay, Curve’s cutting-edge technology and digital wallet, into Lloyds Banking Group’s current digital offering, will allow Lloyds Banking Group to offer its customers an enhanced payments experience within mobile banking.

The acquisition is expected to complete in the first half of 2026, subject to regulatory approval.

From a financial perspective, including capital impact, the transaction is not expected to have a material impact on the Group, or to impact full year guidance for 2025 or 2026.