Business Administration

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Shachar Bialick objectives for the Curve to>a $50 billion to $60bn business -

The World . This Week we talk Shachar Bialick, founder of fintech companies Curve .

Shachar Bialick route marched through the surf, his body not ached so much that he think he could continue.

The 18-year-old made his basic training in the Israeli Special Forces . He and The Other new recruits had to March 40 km (24 miles), while the implementation of 40kg on the back. If that's not bad enough, they made their way along the coast, and had to walk by The Sea to a depth of at least 40 cm

"You can imagine how difficult it was," says the 38-year-old in retrospect. "After The First 10 km I thought there is no way I can continue. Then, after the 40km will make You feel dead, but then You think 'OK, I can do that'. It gives You the mentality that anything is possible. "

The Life of an Israeli special can forces soldier, a million Miles Away from The World of business, but Shachar says that the three years he served gave him the determination to be successful in his later career as a serial entrepreneur. "It gave me courage, and perseverance, are clear factors for success in The Business . "

Shacha (picture on The Left ) was three years in the Special Forces

Today, Shahar is The Founder and head of the London-based fintech company, is called a Curve . This gives the user a bank card and the app consolidates all of your Bank cards and accounts in one place. So instead of round, a wallet full of different cards, You can simply your Curve .

It sounds like an idea that would appeal to many people, and Shachar has big plans for The Business , which he started back in the year 2016. "In 10 years we will be IPOed [sponge on the stock Exchange ]. and, hopefully, with a value of approximately $50 billion (£40bn) to $60bn," he says.

This is obviously a very bold target, but the Curve of the early investors are showing confidence in the Shachar. Back In July , The Company

Aviv, Israel Born in Tel second-largest city, Shachar grew up in The Settlement town of Ariel in the occupied West Bank .

Disruptive in school, but gifted with computers, at 16, he was sent pulled out of his class and is studying Computer Science at a University in Tel Aviv. Two years later, he had his compulsory military service.

After leaving the army Shachar successfully And Then sold a string of companies, including a door and a window business and a recruitment company is founded. He also made time to The Top master of Business Administration qualification.

Curve allows user only need a bank card,

Despite money in The Bank from his previous career, before he started to Curve , when he was 36, Shachar says that both his father-in-law and his wife wondered whether he was going to a company.

"I had an intervention [of my father-in-law]," he says. "He said: 'what do You want to do with Our Life ?. You can not wasting your Talent . You don't have to work for someone else. okay, go for it. "

Meanwhile, his wife was worried that it could impact on your relationship, as You knew he devote would all his time to it. Fortunately, Shachar says that his wife and both her parents and his, remain "very supportive".

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While he could have based the economy in Israel, he says, he decided in London for A Number of reasons, including its long-standing positions as a global capital of Finance, and access to a large number of talented employees.

Curve now has More Than 500,000 users in 31 European countries and More Than 150 employees. The Expansion in the United States is due to the in the next year. It makes your money from the banks fees, the dealer will pay, the monthly subscription fee for the premium card, and selling other Bank services.

Shachar chose London, Curve fit, rather than a city in Israel

Fintech author and commentator Chris Skinner says that the Curve is proving to be increasingly popular.

"How many UK fintech start-ups, the Curve came up with an idea that is unique," he says. "The consolidation of all your credit and debit cards on a single app and single-card has proven itself to be a compelling offer.

Curve "s vision, together with many other UK fintech start-up companies, is the reason why the UK, the early-stage financial-technology-estimated companies in the millions and billions of dollars than any other place in The World , including Silicon Valley . "

to grow As a Curve further, Shachar says he remains grateful for his military service all the years.

"When I was 18, I was very naive to the ways of Life , very careless," he says. "And they [the Israeli army], they break. You can change your character, and how You think about them.

"So many times in Life , You can see the end in front of You , but You want to give up. I was taught to try to keep going, try and try. If You believe You create your own Reality . "

entrepreneurship, israel, financial technology

Source of news: bbc.com