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U.K. Fintech Startup Makes Brooklyn Its U.S. Base

U.K. financial tech startup Curve will open its first U.S. office in Brooklyn, thus becoming the first international fintech company in downtown Brooklyn. As part of the project, Curve will create 185 new jobs by 2024 and invest at least $16.7 million in New York-based research and development over the next decade.

“While New York City has long established itself as the epicenter of the finance industry, we have also become a global leader in tech innovation,” said James Patchett, president and CEO of the New York City Economic Development Corporation. “As we build on that success, we’re proud of our work to attract Curve to downtown Brooklyn, which we believe is the new frontier for a thriving fintech community.”

The location for Curve’s U.S. operations wasn’t immediately clear. In exchange for creating jobs and investing in locally-based R&D, the company is receiving tax incentives from New York State.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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