Bengaluru-based fintech platform Curie Money has successfully raised $1.2 million in a seed funding round led by India Quotient, with participation from institutional and angel investors. The funding will be used to bolster the company’s core team, accelerate product development, enhance technology infrastructure, and establish strategic partnerships aimed at expanding its presence in the current account and MSME segments.
Founded in 2022 by Arindam Ghosh and Tushar Choudhary, Curie Money offers a unique banking app that merges the benefits of mutual fund investments with the liquidity and convenience of traditional banking. The platform allows users to invest in mutual funds while enjoying instant redemption for payments, providing a seamless and efficient personal treasury management solution.
Curie Money’s core features include:
- No-minimum-balance savings accounts powered by YES Bank.
- Fixed-income schemes through ICICI Prudential Mutual Fund.
- Instant liquidity from mutual fund investments for payments.
- Fully digital onboarding and user-friendly financial tools.
According to the company, its high-yield savings accounts typically deliver returns of 7–8%, combining the liquidity of a traditional savings account with the superior earnings potential of mutual funds. Recently, Curie Money also secured approval from NPCI to operate as a Third-Party Application Provider (TPAP) for UPI services, further enhancing its product offerings.
By addressing the gap between liquidity and returns, Curie Money is poised to empower high-net-worth individuals and MSMEs to maximize their wealth with ease and convenience. The platform’s innovative approach is a step toward transforming the landscape of personal and business finance in India.
The newly raised funds will propel Curie Money’s mission to scale its reach and redefine banking for its target audience.
