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Current

Finco Services, Inc. is a New York City-based financial services and software development company (FinTech) operating its mobile banking unit under the name Current. It was founded by Stuart Sopp June 2015. In 2020, the Wall Street Journal reported a valuation of $750 million, and reported that Current "is the latest beneficiary of this trend [toward mobile consumer banking]". Like competitors Chime and Square, It was also the beneficiary of the 2020 COVID pandemic, which drove consumers away from brick-and-mortar alternatives. As of April 2021, its valuation stands at $2.2 billion.

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Founded

2015

Employees

Between 100 - 1,000 employees

Raised

$402,400,000

Headquarters Location

217 Centre St, New York, NY 11217

Public

FALSE

Acquired

FALSE

Founders

Stuart Sopp

CEO

Stuart Sopp

Funding Rounds

$220,000,000

April 2021

$131,000,000

November 2020

$31,200,000

October 2019

$20,200,000

October 2017

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