# Current: Financial services, New York, United States

> Current: Current, also known as Finco Services, Inc., is a financial technology company based in New York City. Based in New York, United States. Founded 2015.

Source: https://millionrounds.com/startup/current-2 (Millionrounds; every figure on the page links to its filing or article)

United States · [Financial services startup](https://millionrounds.com/companies)

# Current

Current, also known as Finco Services, Inc., is a financial technology company based in New York City.

Funding reported Last round: Series D

Financial services New York, United States

Company summary

- **Founded:** 2015 11 years old
- **Team:** 500 201 to 1,000 people
- **Funding reported:** $402M in dollars
- **Last round:** Series D Apr 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Current has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Current

Current, also known as Finco Services, Inc., is a financial technology company based in New York City.

Founded in 2015 by CEO Stuart Sopp, Current specializes in digital banking solutions for everyday consumers. With a valuation exceeding $2.2 billion, the company serves over 3 million members, focusing on empowering users to improve their financial outcomes through innovative, mobile-first banking tools. Current offers a range of services, including a fully digital checking account, high-yield savings accounts, and tools for credit building. Users can benefit from features like direct deposit, automated savings, and flexible overdraft options. The platform also provides NFC-enabled prepaid cards, bill payment tools, and instant money transfers. Additionally, Current supports cryptocurrency trading and offers specialized accounts for teenagers, promoting financial education and responsibility. The company emphasizes inclusivity, aiming to provide accessible banking solutions for all Americans, including underbanked populations.

## What company datasets say Current raised

Funding, as reported

Reported in all **$402M** in dollars

Rounds **5**

Last round **Series D**

Last round size **$80M**

Last round date **Apr 2021**

Investors listed **21**

## On 7 portfolio pages

Investors who name them

- [Activant Capital](https://millionrounds.com/fund/activant-capital)
- [Future Perfect Ventures](https://millionrounds.com/fund/future-perfect-ventures)
- [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures)
- [AAF Management Ltd.](https://millionrounds.com/fund/aaf-management-ltd)
- [Elizabeth Street Ventures](https://millionrounds.com/fund/elizabeth-street-ventures)
- [Avenir](https://millionrounds.com/fund/avenir)
- [Human Ventures](https://millionrounds.com/fund/human-ventures-llc)

Each firm lists Current on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

information technology & services financial services finance information technology b2c fintech services fin tech money internet payments mobile banking deposits finance technology

Built with from their website

Google Tag Manager dbt WordPress.org HREF Lang Atlassian Google Cloud Posit Google Ads GitHub MailChimp

+8 more

Google Workspace Viewport Meta DATAflow Google Play MongoDB Corel Google Cloud BigQuery Zendesk Guide

- **Sector:** Financial services
- **Industry code:** NAICS 52232, SIC 7371, 7372
- **Region:** New York
- **Revenue:** $76M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/current-e6d46d6788)

## How it ended, so far

Exit

Exit Buyer Price When

Acquired Ormazabal undisclosed Mar 2013

## Financial services in United States

Startups like it

- [**Kalshi** New York · founded 2019 *Raised*](https://millionrounds.com/company/kalshi)
- [**Temporal** founded 2022 *Raised*](https://millionrounds.com/company/temporal)
- [**Vestwell** New York · founded 2016 *Raised*](https://millionrounds.com/company/vestwell)
- [**C2FO** Kansas City · founded 2008 *Raised*](https://millionrounds.com/company/c2fo)
- [**Yieldstreet** New York · founded 2015 *Raised*](https://millionrounds.com/company/yieldstreet)
- [**Flutterwave** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/flutterwave)
- [**Corgi** San Francisco · founded 2024 *Raised*](https://millionrounds.com/company/corgi)
- [**Alpaca** San Mateo · founded 2017 *Raised*](https://millionrounds.com/company/alpaca)

## Is this your company?

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