Fintech Curve Adds Former Samsung Executive to Board of Directors

Curve, a UK based Fintech providing banking services, has named Cuong Do as an independent Board director, according to a note from the company. Do was most recently President of the Samsung Global Strategy Group, where he was responsible for developing and executing enterprise-wide strategy and building out Samsung’s business plans.  Before Samsung, he was the Chief Strategy Officer for Merck, TE Connectivity and Lenovo. Do also was a Senior Partner at McKinsey & Company.

Cuong Do Formal Portrait
2011

Do said that what stood out to him about Curve was the team’s impressive execution so far, and Curve’s vision of providing consumers with a central point of access to their finances.

“The ability to bring together your finances will bring comfort, convenience and control to consumers in the UK, Europe and the US. I’m excited about Curve’s long-term vision, and very much look forward to helping the company achieve its extraordinary potential.”

The addition of Do to the Curve Board is said to come when the Fintech is planning to launch in the United States as well as expanding further across Europe.

Curve recently announced a Series C investment of $95 million funding round led by IDC Ventures, Fuel Venture Capital and Vulcan Capital, with participation from OneMain Financial (NYSE: OMF) and Novum Capital. Curve currently reports 2 million users in 31 different markets.

Shachar Bialick, founder and CEO of Curve, commented:

“We are delighted to welcome Cuong to Curve’s Board. His extensive experience across key industries, most recently with Samsung, is an ideal fit for us.  As the financial environment continues to evolve globally, and as Curve continues to grow, Cuong’s expertise in developing and implementing global business strategy will help position and support Curve to deliver long-term value as it matures.  Cuong will work closely with myself and senior management to ensure we continue to build our innovative platform, and meticulously execute our strategy.”

Curve is a Fintech that enables users to consolidate multiple cards into a single smart card and app while providing additional features and services.