Current
PrivateLast Round
Early Funding
Dec 13, 2024
Est. Valuation
$2.2B
Total Funding Raised
$579.6M
Company Overview
Current is a financial technology company based in New York City that provides mobile banking services. The company's platform is designed for modern consumers and offers features such as spending accounts, early access to paychecks, a secured credit-building card, savings pods with high-yield boosts, and earned wage access. Current aims to provide accessible and affordable financial solutions, operating without minimum balance requirements or overdraft fees. It partners with FDIC-insured banks, including Choice Financial Group and Cross River Bank, to provide its banking services. The company is backed by prominent investors like Andreessen Horowitz and Tiger Global Management.
Sector
FinTech
Verticals
Digital Banking, Digital Payments, Lending & Credit, Personal Finance, DeFi
Business Model
B2C
Customer Profile
Payment Processing Fee, Freemium, Subscription SaaS, Marketplace Commission
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Current Comps
Public and private peers based on sector, stage, and business model.
Current Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Funding | Dec 13, 2024 | ||||
| Series D | Apr 27, 2021 | ||||
| Series C | Nov 24, 2020 | ||||
| Series B | Oct 24, 2019 | ||||
| Series A | Oct 25, 2017 | ||||
Seed | Mar 7, 2017 |
Key People
Founding team and executive leadership
Current Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Andreessen Horowitz | Early Funding, Series D |
| Cota Capital | Series A |
| Human Ventures | Seed |
| CMFG Ventures | Series B |
| Galaxy Digital | Series B |
| Foundation Capital | Series C, Series D, Series B |
| AAF Management | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 10, 2026
Partnership with Visa and Mastercard disclosed.
- Mar 10, 2026
Surpassed five million members, indicating significant user growth.
Current Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Current's valuation, stock price, and market status.
