<ul data-eligibleForWebStory="false"><li>British banking giant Lloyds is in talks to acquire UK FinTech Curve for £120 million ($161.9 million), aiming for an announcement by the end of September if negotiations are successful.</li><li>Curve, founded in 2016 by former Israeli special forces soldier Shachar Bialick, allows consumers to combine debit and credit cards into one wallet, positioning itself as a competitor to Apple Pay.</li><li>Lloyds sees Curve as an attractive acquisition target due to its focus on payments infrastructure and the potential provided by regulatory scrutiny over fees charged by Apple Pay and Google's payment services in the UK.</li><li>The digital wallets segment is evolving into a crucial part of global commerce infrastructure, catering to SMBs' needs for faster transactions and access to financial services like credit and insurance.</li></ul>

Lloyds Reportedly Wants to Acquire Digital Wallet FinTech Curve

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