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Current

Founded 2015 · 503 employees on LinkedIn · 18 known investors

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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.

Crypto & Web3Fintech

Founders & leadership

Current was founded in 2015 by Stuart Sopp.

SS
Stuart SoppFounder · 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.
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Trevor MarshallFounder

Investors · 18

Activant Capitallisted by Activant CapitalNew York · $3M – $40M

How we know: the VCSheet dataset · Not right? Tell us

Andreessen Horowitzlisted by Andreessen HorowitzMenlo Park · $500K – $50M

How we know: a16z's portfolio · a partner's Signal profile · Not right? Tell us

Avenir Growth Capitallisted by Avenir Growth CapitalNew York

How we know: Avenir Growth Capital's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Cota Capitallisted by Cota CapitalSan Francisco

How we know: Cota Capital's portfolio page · Not right? Tell us

Elizabeth Street Ventureslisted by Elizabeth Street VenturesNew York · $500K – $750K

How we know: Elizabeth Street Ventures's portfolio page · a partner's Signal profile · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Expalisted by ExpaWest Hollywood · $250K – $3M

How we know: the VCSheet dataset · Not right? Tell us

Foundation Capitallisted by Foundation CapitalPalo Alto · $250K – $15M

How we know: foundationcapital.com · Not right? Tell us

Future Perfect Ventureslisted by Future Perfect VenturesNew York · $500K – $5Mvia Jalak Jobanputra · inferred

How we know: Future Perfect Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Launchpad Capitallisted by Launchpad CapitalOakland
QED Investorslisted by QED InvestorsAlexandria · $30K – $20M

How we know: QED Investors's portfolio page · a partner's Signal profile · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Sapphire Ventureslisted by Sapphire VenturesAustin · $5M – $20M

How we know: Sapphire Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Springcoast Capital Partnerslisted by Springcoast Capital PartnersNew York · $25M – $100M

How we know: Springcoast Capital Partners's portfolio page · Not right? Tell us

Tq Ventures Llclisted by Tq Ventures LlcNew York

How we know: Tq Ventures Llc's portfolio page · the VCSheet dataset · Not right? Tell us

TruStage Ventureslisted by TruStage VenturesMadison · $1M – $5M
Galaxy InteractivereportedNew York · $1M – $20M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Human VenturesreportedNew York · $250K – $500K

How we know: the VCSheet dataset · Not right? Tell us

MMC VenturesreportedLondon · $635K – $13M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Funding

SEC filings, press & company announcements

$80M disclosed across 1 round · 2026

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.

Naveen SelvaduraiPresident and ChairmanFounded FoursquareAngus DavisBoard Director & Lead Investor (Series B)Founded Upserve

Related companies · 9

ExperianExperian 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.
ChaseA 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 OneCapital 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.
SoFiSoFi Technologies is a digital personal-finance company offering student and personal loans, mortgages, investing, banking and credit cards through one app; it went public on the Nasdaq in 2021 via SPAC.
WellsfargoWells Fargo provides investment advisory services, wealth management, and retirement planning for individual investors and high-net-worth clients. The company offers digital investment platforms, market insights, and personalized financial guidance through its advisors and digital tools.
chimebank-ar21Chime 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.
JetloreJetlore 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 KarmaCredit 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.
WiseWise 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 working in the same space as Current.

In the news

Current Raises $80M in Series E Fundingfinsmes.com · Jun 2026

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, Foundation Capital and 10 more.
How much funding has Current raised?
Current has disclosed $80M raised across 1 round.