Bengaluru-based fintech startup Curie Money has raised $1.2 million in a seed funding round led by India Quotient, with participation from institutional and angel investors in the fintech ecosystem. The funds will be used to expand the team, accelerate product development, enhance technological infrastructure and drive strategic market penetration, with a focus on addressing the needs of current accounts and MSME segments.
Speaking on Curie Money’s mission, Arindam Ghosh, Co-Founder, Curie Money, said, “We founded Curie Money to solve a deeply personal challenge—making savings work harder without sacrificing liquidity.”
The company recently has also received approval from the National Payments Corporation of India (NPCI) to operate as a third-party application provider for UPI services, further enhancing its innovative offerings.
The startup aims to reshape the Indian financial landscape with a unique banking solution that integrates mutual fund investments with the functionality of traditional savings accounts. By partnering with YES Bank and ICICI Prudential Mutual Fund, the platform offers customers the opportunity to earn up to 7.3 per cent Compound Annual Growth Rate (CAGR) returns on idle cash through deposits in ICICI Prudential Liquid Fund, while maintaining instant payment capabilities—a significant advantage over conventional savings accounts.
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