American Express Backs out of Curve Partnership

After only two days American Express has ended their partnership with fintech startup Curve; Curve said that Amex’s decision was “discriminatory” and vowed to fight the decision “with our full might” according to AltFi; “American Express participated in a limited Curve beta test where we enabled a small number of card members to load funds onto an e-wallet using their Amex Card in the Curve app,” Amex said in a statement; the move is a blow to curve as they were pushing Amex as a main feature for their premium service. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.