About Current
Current is a company based in New York (United States) founded in 2015 by Stuart Sopp. It operates as a FinTech and Subscription Services. Current has raised $667.85 million across 9 funding rounds from investors including Cross River, Fifth Third Bancorp and Foundation Capital. Current offers products and services including Paycheck Advance, Fee-free Overdraft, Faster Direct Deposit, Credit Building, and Crypto Trading. Current operates in a competitive market with competitors including Spectrum, DIRECTV, Tata Play, M7 Group and DishTV, among others.
- Headquarter New York, United States
- Founders Stuart Sopp
- Stage Unicorn
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Sectors
Financial Services
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Finco Advance Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$667.85 M (USD)
in 9 rounds
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Latest Funding Round
$80 M (USD), Series E
Jun 10, 2026
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Investors
Cross River
& 18 more
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Employee Count
Not available
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Products & Services of Current
Current offers a comprehensive portfolio of products and services, including Paycheck Advance, Fee-free Overdraft, Faster Direct Deposit, Credit Building, and Crypto Trading.
Paycheck advances up to $750 are provided.
Fee-free overdraft protection is offered to customers.
Direct deposits are processed up to two days early.
Credit score improvement is supported with no fees.
Cryptocurrency trading is enabled without additional fees.
People of Current
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Software Development Team
24 people
Sales and Marketing
10 people
Product Management Team
10 people
Legal and Compliance
8 people
Finance and Accounting
7 people
Leadership Team
4 people
Senior Team
4 people
Human Resources and Administration
3 people
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Funding Insights of Current
Current has successfully raised a total of $667.85M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $80 million completed in June 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Current
Current has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Cross River, Fifth Third Bancorp and Foundation Capital.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Growth equity investments are made by the private equity firm.
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Investor details for Current
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Current
Investment portfolio details for Current
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Financial Statements - Current
Detailed financials for Current
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Current Comparisons
Peer comparison for Current
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Competitors of Current
Current operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spectrum, DIRECTV, Tata Play, M7 Group and DishTV, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Spectrum is recognized as a provider of internet, mobile, TV, and home phone services.
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Direct broadcast satellite service provider
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DTH and TV broadcasting services are delivered across India.
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Satellite service provider in Luxembourg
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Satellite broadcasting and direct-to-home TV distribution services are offered.
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Cable TV, internet, telephony, and VOD content services provider
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Detailed competitors of Current
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Current
Complete news archive for Current
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Frequently Asked Questions about Current
Current was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Current is headquartered in New York, United States. It is registered at New York, New York, United States.
Stuart Sopp is the current CEO of Current. They have also founded this company.
Current is a funded company, having raised a total of $667.85M across 9 funding rounds to date.
Current is established as a financial technology company, not a traditional bank, providing innovative banking solutions. Services such as paycheck advances up to 750, fee-free overdraft protection, and early direct deposits are offered. Credit building tools and cryptocurrency trading without fees are also provided. Banking services are facilitated through partnerships with Choice Financial Group and Cross River Bank, both FDIC members. The focus is placed on digital banking within the financial sector, targeting individuals seeking modern financial management tools.
Current offers Paycheck Advance, Fee-free Overdraft, Faster Direct Deposit, Credit Building, and Crypto Trading.
Current has 19 investors. Key investors include Cross River, Fifth Third Bancorp, Foundation Capital, Andreessen Horowitz, and Wellington.
The valuation of Current is $2.2B as of Apr 2021.