Current Funding & Investors
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.
https://current.com/Total Amount Raised: $402,400,000
Current Funding Rounds
Series D
$220,000,000
Series D Investors
Andreessen HorowitzTiger Global ManagementTQ VenturesAvenir Growth CapitalSapphire VenturesFoundation CapitalWellington ManagementExpaElizabeth Street VenturesInvus OpportunitiesSeries C
$131,000,000
Series C Investors
Tiger Global ManagementWellington ManagementQED InvestorsSapphire VenturesFoundation CapitalAvenir Growth CapitalRashaun WilliamsTQ VenturesBienville CapitalSeries B
$31,200,000
Series B Investors
Wellington ManagementExpaQED InvestorsCMFG VenturesGalaxy InteractiveElizabeth Street VenturesFoundation CapitalAAF ManagementEOS VC FundTQ VenturesSeries A
$20,200,000
Series A Investors
QED InvestorsCota CapitalAAF ManagementFifth Third CapitalExpaElizabeth Street VenturesHuman VenturesTQ Ventures
Funding info provided by Diffbot.