Current - News, Articles & Research

Company announcement/retail

Current creates credit building card with Cross River

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Current, a premier U.S. fintech platform dedicated to empowering Americans in their pursuit of a brighter financial future, today announced the launch of a new credit building product.

24 August 2023

Company announcement/retail

Current unveils Platform API

Current, a leading U.S. financial technology platform serving Americans working to create a better future for themselves, today announced the launch of its platform API, built to facilitate seamless integrations and embedded banking experiences.

10 May 2022

Company announcement/retail

Current gets in DeFi with Acala integration

Current, a leading U.S. financial technology company serving Americans who are working to create a better future for themselves, today announced its partnership with Acala, a decentralized finance platform built on the Polkadot blockchain network.

18 May 2021

News/startups

Current raises $220m at $2.2bn valuation

US digital banking startup Current has tripled its valuation to $2.2 billion off the back of a $220 million Series D funding round led by Andreessen Horowitz.

27 April 2021

News/retail

Current snags $131 million in fresh funding

US challenger bank Current has raised $131 million in Series C funding, in a round led by new investor Tiger Global Management.

24 November 2020

Company announcement/payments

Current to offer cash deposits at over 60,000 retail locations

InComm, a leading payments technology company, and Current, a leading U.S. challenger bank serving Americans overlooked by traditional banks, today announced an exciting partnership and product solution that will enable Current members to make cash deposits to their bank accounts at major brick-and-mortar retail chains across the country.

02 September 2020

Company announcement/payments

Current to issue points rewards for purchases on debit cards

Current, a leading U.S. challenger bank serving Americans overlooked by traditional banks, today announced the launch of its points rewards program for all members.

05 August 2020

News/startups

Pandemic spurs huge growth at US digital bank Current

US challenger bank Current has raised new funding after recording a massive uptick in financially underserved customers during the pandemic.

19 June 2020

News

US neobank Current raises $20 million

US neobank Current has raised $20 million in a bid to grow its user base to one million personal checking accounts.

24 October 2019

Company announcement

Current raises $5m

Financial technology company Current today announced today it has raised $5 million in a Series A funding round led by QED Investors, with additional investment from Cota Capital.

25 October 2017

News

Current and Empower join crowded money management app field

The fast-growing personal finance app sector welcomes two new players today - Current, an allowance management service for parents and their kids, and millennial-targeting Empower.

09 May 2017

News

Current preps debit card and app for kids

US fintech startup Current has raised $3.6 million as it prepares to roll out an app and card-based allowance management service for parents and their kids.

08 March 2017