Leaked numbers show hot finance startup Curve struggled with active users before crowdfunding $7.7 million on the promise of big growth
Two months later, the firm turned to crowdfunding to boost its coffers and, an online investment platform, when it raised £6 million in five hours, through the highest number of investors the site had ever seen on a single campaign.
Monthly active users are calculated by measuring the number of unique users who engage with a product each month. At the time, Curve told the Financial Times that it wasn't required to hand a detailed prospectus to crowdfunding investors, per UK financial regulation.
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