Current

New York, NY

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.