Current is a financial technology company serving Americans who are working to create a better future for themselves.

Current's mission is to enable members to change their lives by creating better financial outcomes.

Current was founded in 2015 by Stuart Sopp. The company is headquartered in New York, New York.


Current leverages the best technology to deliver inspirational and motivational products as we all move forward in a world of increasing digitization and complexity. Its Personal Checking gets you paid quicker with direct deposit up to two days early and instant gas hold credits.


Current's proprietary Current Core technology allows them to provide banking services without overdraft fees, minimum balance requirements, or hidden fees. It focuses on the teen banking market using a mobile app and debit card, and has grown to about 2 million members, adding checking accounts to its product mix in 2019.


Current is backed by Andreessen Horowitz, Tiger Global Management, TQ Ventures, Avenir, Sapphire Ventures, Foundation Capital, Wellington Management, QED Investors and others. The company raised $220M in Series D round on Apr 27, 2021. This brings Current's total funding to $402.4M to date. The latest round tripled the company's valuation to $2.2B post-money. Current was previously valued at $750M from the Series C raised in Nov 2020.



  • Year founded: 2015
  • Funding Info: $402.4M over 7 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $2.2B as of April 27, 2021
  • City/Town: New York
  • State: New York
  • Country: United States
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