Current
Founded 2015 · 503 employees on LinkedIn · 15 known investors
Current is a mobile-first banking platform offering no-fee spending accounts and integrated financial services to everyday Americans. The company operates on a spend-based model powered by interchange fees and maintains proprietary core banking technology.
Founders & leadership
Current was founded in 2015 by Stuart Sopp.
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Stuart SoppinFounder · CEOStuart Sopp is the founder of Current, a mobile-first banking platform offering no-fee spending accounts to everyday Americans. He has a background in financial services with experience in trading systems, structured finance, interest rate derivatives, and risk management, and holds a Master of Engineering in aerospace engineering from City University, London.
Investors · 15
AAF Management Ltd.Washington
Activant CapitalNew York · $100K – $50M
Andreessen HorowitzMenlo Park · $500K – $50M
Avenir Growth CapitalNew York
Cota CapitalSan Francisco
Elizabeth Street VenturesNew York · $500K – $750K
ExpaWest Hollywood · $250K – $3M
Future Perfect VenturesNew York · $500K – $5Mvia Jalak Jobanputra · inferred
Launchpad CapitalOakland
QED InvestorsAlexandria · $30K – $25M
Sapphire VenturesMenlo Park · $5M – $20M
Springcoast Capital PartnersNew York · $25M – $100M
Tq Ventures LlcNew York
TruStage VenturesMadison · $1M – $5M
Human VenturesreportedNew York · $250K – $500K
Funding
SEC filings, press & company announcements$80M disclosed across 1 round · 2026
- $80MSeries EJun 2026Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Founder mafia
2 people who came through Current went on to found or lead other companies.
Competitors · 8
by search overlapExperian11149 shared keywordsExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
Chase10530 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
Capital One9669 shared keywordsCapital One is a financial services company that offers credit cards, checking and savings accounts, auto financing, and business banking products to consumers and small businesses. The company provides digital banking tools, rewards programs, and credit monitoring services.
Wellsfargo7641 shared keywordsWells Fargo is a bank offering personal financial products such as checking accounts and a mobile banking app for consumers. Its services include account management, spending insights, and financial guidance.
Chime5901 shared keywordsChime is a US financial technology company offering fee-free checking and savings accounts, debit and credit-builder cards, early access to direct-deposited pay and no-fee overdraft cover. It is not itself a bank: deposits are held through partner banks. Founded in 2012 by Chris Britt and Ryan King, it listed on Nasdaq in June 2025 under the ticker CHYM and serves over 10 million active members.
Jetlore5681 shared keywordsJetlore was a Palo Alto AI startup that turned unstructured retail product data into structured attributes so merchants could personalise what each shopper saw. Founded by Stanford researchers, it raised from Sierra Ventures, Alsop Louie Partners, Fenox Venture Capital, BRM Capital and Mercury Fund, and PayPal acquired it in 2018.
Credit Karma5647 shared keywordsCredit Karma is an AI-powered personal finance platform that provides free credit scores, credit monitoring, cashflow insights, and financial marketplace services to help consumers understand and manage their finances. The platform serves over 140 million members with tools for credit analysis, tax filing, and financial opportunity identification.
Wise5568 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Companies competing with Current for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Current do?
- Current is a mobile-first banking platform offering no-fee spending accounts and integrated financial services to everyday Americans. The company operates on a spend-based model powered by interchange fees and maintains proprietary core banking technology.
- Who founded Current?
- Current was founded by Stuart Sopp in 2015.
- Who are Current's investors?
- Current's investors include AAF Management Ltd., Activant Capital, Andreessen Horowitz, Avenir Growth Capital, Cota Capital, Elizabeth Street Ventures, Expa, Future Perfect Ventures and 7 more.
- How much funding has Current raised?
- Current has disclosed $80M raised across 1 round.