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Current valuation, funding and investors

Current works in mobile banking platform development, based in New York, United States. Founded in 2015, it has about 510 employees.

VALUATION · TODAY
$1.68B +21% after Series E
Range $1.30B – $2.33B · Grade A
TODAY
+12 MO
$1.00B
$2.00B
$3.00B
$4.00B
$5.00B
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Seed $3.60M
Series A $20.2M
Series B $20.0M
Series C $131M
Series D $220M
Growth $200M
Series E $80.0M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY510 employees
+29%6m growth
+47%1y growth
+65%2y growth
200
400
600
Data from Jan 2021
TODAY
Predicted in 1 yr $2.03B +21% vs today
Predicted next raise $223M if a round comes
Winding-down probability 0%
Last round
Series E · $80.0M · Jun 2026
Valuation at last round
$1.50B
Headcount
510 · growing
Grade
A
Founded
2015
How VCMC values companies →

Current valuation today

VCMC values Current at $1.7B today, with a range of $1.3B to $2.3B and a grade of A. The valuation starts from its last funding round, a Series E round in Jun 2026.

Valuation by date (150 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Current: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2015$6.67M$2.43M – $18.3M$6.98M (+5%)before first round–unknownD0%
1 Feb 2015$6.69M$2.44M – $18.4M$7.01M (+5%)before first round–unknownD0%
1 Mar 2015$6.72M$2.44M – $18.4M$7.04M (+5%)before first round–unknownD0%
1 Apr 2015$6.74M$2.45M – $18.5M$7.07M (+5%)before first round–unknownD0%
1 May 2015$6.77M$2.46M – $18.6M$7.09M (+5%)before first round–unknownD0%
1 Jun 2015$6.80M$2.47M – $18.7M$7.12M (+5%)before first round–unknownD0%
1 Jul 2015$6.82M$2.48M – $18.7M$7.15M (+5%)before first round–unknownD0%
1 Aug 2015$6.85M$2.49M – $18.8M$7.33M (+7%)before first round–unknownD0%
1 Sep 2015$6.88M$2.50M – $18.9M$7.53M (+10%)before first round–unknownD0%
1 Oct 2015$6.90M$2.51M – $19.0M$7.73M (+12%)before first round–unknownD0%
1 Nov 2015$6.93M$2.52M – $19.0M$7.94M (+15%)before first round–unknownD0%
1 Dec 2015$6.96M$2.53M – $19.1M$8.15M (+17%)before first round–unknownD0%
1 Jan 2016$6.98M$2.54M – $19.2M$8.37M (+20%)before first round–unknownD0%
1 Feb 2016$7.01M$2.55M – $19.3M$8.60M (+23%)before first round–unknownD0%
1 Mar 2016$7.04M$2.56M – $19.3M$8.82M (+25%)before first round–unknownD0%
1 Apr 2016$7.07M$2.57M – $19.4M$9.06M (+28%)before first round–unknownD0%
1 May 2016$7.09M$2.58M – $19.5M$9.29M (+31%)before first round–unknownD0%
1 Jun 2016$7.12M$2.59M – $19.6M$9.55M (+34%)before first round–unknownD0%
1 Jul 2016$7.15M$2.60M – $19.6M$9.80M (+37%)before first round–unknownD0%
1 Aug 2016$7.34M$2.67M – $20.2M$10.1M (+37%)before first round–unknownD0%
1 Sep 2016$7.54M$2.74M – $20.7M$10.3M (+37%)before first round–unknownD0%
1 Oct 2016$7.74M$2.82M – $21.3M$10.6M (+37%)before first round–unknownD0%
1 Nov 2016$7.95M$2.89M – $21.8M$10.9M (+37%)before first round–unknownD0%
1 Dec 2016$8.16M$2.97M – $22.4M$11.2M (+37%)before first round–unknownD0%
1 Jan 2017$8.37M$3.05M – $23.0M$11.5M (+37%)before first round–unknownD0%
1 Feb 2017$8.60M$3.13M – $23.6M$11.8M (+37%)before first round–unknownD0%
1 Mar 2017$14.4M$9.46M – $43.8M$28.8M (+100%)after a round–unknownC0%
2 Mar 2017$14.4M$9.46M – $43.8M$28.8M (+100%)after a round–unknownC0%
1 Apr 2017$15.3M$9.46M – $43.8M$28.8M (+89%)after a round–unknownC0%
1 May 2017$16.2M$9.46M – $43.8M$28.8M (+78%)after a round–unknownC0%
1 Jun 2017$17.1M$9.46M – $43.8M$28.8M (+68%)after a round–unknownC0%
1 Jul 2017$18.2M$9.46M – $43.8M$28.8M (+59%)after a round–unknownC0%
1 Aug 2017$19.3M$9.46M – $43.8M$28.8M (+50%)after a round–unknownC0%
1 Sep 2017$20.4M$9.46M – $43.8M$28.8M (+41%)after a round–unknownC0%
1 Oct 2017$64.9M$45.8M – $166M$117M (+80%)after a round–unknownC0%
2 Oct 2017$65.0M$45.8M – $166M$117M (+80%)after a round–unknownC0%
1 Nov 2017$68.2M$45.8M – $166M$117M (+71%)after a round–unknownC0%
1 Dec 2017$71.6M$45.8M – $166M$117M (+63%)after a round–unknownC0%
1 Jan 2018$75.3M$45.8M – $166M$117M (+55%)after a round–unknownC0%
1 Feb 2018$79.1M$45.8M – $166M$117M (+48%)after a round–unknownC0%
1 Mar 2018$82.8M$45.8M – $166M$117M (+41%)after a round–unknownC0%
1 Apr 2018$87.0M$45.8M – $166M$117M (+34%)after a round–unknownC0%
1 May 2018$91.3M$45.8M – $166M$117M (+28%)after a round–unknownC0%
1 Jun 2018$96.0M$45.8M – $166M$117M (+22%)after a round–unknownC0%
1 Jul 2018$101M$45.8M – $166M$117M (+16%)after a round–unknownC0%
1 Aug 2018$106M$45.8M – $166M$117M (+10%)after a round–unknownC0%
1 Sep 2018$111M$45.8M – $166M$117M (+5%)after a round–unknownC0%
1 Oct 2018$117M$45.8M – $166M$117M (0%)after a round–unknownC0%
1 Nov 2018$117M$43.5M – $166M$117M (0%)after a round–unknownC0%
1 Dec 2018$117M$41.4M – $166M$117M (0%)after a round–unknownC0%
1 Jan 2019$117M$39.4M – $166M$117M (0%)after a round–unknownC0%
1 Feb 2019$117M$37.4M – $166M$117M (0%)after a round–unknownC0%
1 Mar 2019$117M$35.7M – $166M$117M (0%)after a round–unknownC0%
1 Apr 2019$117M$33.9M – $166M$117M (0%)after a round–unknownC0%
1 May 2019$117M$32.3M – $166M$117M (0%)after a round–unknownC0%
1 Jun 2019$117M$30.7M – $166M$117M (0%)after a round–unknownC0%
1 Jul 2019$117M$29.2M – $166M$117M (0%)after a round–unknownC0%
1 Aug 2019$117M$27.8M – $166M$117M (0%)after a round–unknownC0%
1 Sep 2019$117M$26.4M – $166M$117M (0%)after a round–unknownC0%
1 Oct 2019$117M$25.1M – $166M$117M (0%)after a round–unknownC0%
25 Oct 2019$139M$97.6M – $295M$208M (+50%)after a round–unknownB0%
1 Nov 2019$140M$97.6M – $295M$208M (+49%)after a round–unknownB0%
1 Dec 2019$144M$97.6M – $295M$208M (+44%)after a round–unknownB0%
1 Jan 2020$149M$97.6M – $295M$208M (+39%)after a round–unknownB0%
1 Feb 2020$155M$97.6M – $295M$208M (+34%)after a round–unknownB0%
1 Mar 2020$160M$97.6M – $295M$208M (+30%)after a round–unknownB0%
1 Apr 2020$165M$97.6M – $295M$208M (+26%)after a round–unknownB0%
1 May 2020$171M$97.6M – $295M$208M (+21%)after a round–unknownB0%
1 Jun 2020$177M$97.6M – $295M$208M (+17%)after a round–unknownB0%
1 Jul 2020$183M$97.6M – $295M$208M (+14%)after a round–unknownB0%
1 Aug 2020$189M$97.6M – $295M$208M (+10%)after a round–unknownB0%
1 Sep 2020$196M$97.6M – $295M$208M (+6%)after a round–unknownB0%
1 Oct 2020$203M$97.6M – $295M$208M (+3%)after a round–unknownB0%
1 Nov 2020$208M$96.3M – $295M$208M (0%)after a round–unknownB0%
25 Nov 2020$751M$652M – $1.1B$975M (+30%)after a round–unknownA0%
1 Dec 2020$754M$652M – $1.1B$975M (+29%)after a round–unknownA0%
1 Jan 2021$771M$652M – $1.1B$975M (+26%)after a round140unknownA0%
1 Feb 2021$788M$652M – $1.1B$975M (+24%)after a round140unknownA0%
1 Mar 2021$804M$652M – $1.1B$975M (+21%)after a round140unknownA0%
1 Apr 2021$822M$652M – $1.1B$975M (+19%)after a round140unknownA0%
28 Apr 2021$2.2B$1.9B – $3.3B$2.9B (+30%)after a round140unknownA0%
1 May 2021$2.2B$1.9B – $3.3B$2.9B (+30%)after a round140unknownA0%
1 Jun 2021$2.3B$1.9B – $3.3B$2.9B (+27%)after a round140unknownA0%
1 Jul 2021$2.3B$1.9B – $3.3B$2.9B (+24%)after a round140unknownA0%
1 Aug 2021$2.4B$1.9B – $3.3B$2.9B (+21%)after a round140unknownA0%
1 Sep 2021$2.4B$1.9B – $3.3B$2.9B (+19%)after a round140unknownA0%
1 Oct 2021$2.5B$1.9B – $3.3B$2.9B (+16%)after a round140unknownA0%
1 Nov 2021$2.5B$1.9B – $3.3B$2.9B (+14%)after a round140unknownA0%
1 Dec 2021$2.6B$1.9B – $3.3B$2.9B (+11%)after a round140unknownA0%
1 Jan 2022$2.6B$1.9B – $3.3B$2.9B (+9%)after a round140unknownA0%
1 Feb 2022$2.7B$1.9B – $3.3B$2.9B (+6%)after a round140unknownA0%
1 Mar 2022$2.7B$1.9B – $3.3B$2.9B (+4%)after a round140unknownA0%
1 Apr 2022$2.8B$1.9B – $3.3B$2.9B (+2%)after a round140unknownA0%
1 May 2022$3.3B$1.9B – $3.8B$3.3B (0%)after a round270growingB0%
1 Jun 2022$3.3B$2.0B – $3.8B$3.3B (0%)after a round270growingB0%
1 Jul 2022$3.3B$2.0B – $3.8B$3.3B (0%)after a round270growingB0%
1 Aug 2022$3.3B$1.7B – $3.8B$3.3B (0%)after a round270unknownB0%
1 Sep 2022$3.3B$1.7B – $3.8B$3.3B (0%)after a round270unknownB0%
1 Oct 2022$3.3B$1.6B – $3.8B$3.3B (0%)after a round270unknownB0%
1 Nov 2022$3.3B$1.6B – $3.8B$3.3B (0%)after a round270unknownB0%
1 Dec 2022$3.3B$1.5B – $3.8B$3.3B (0%)after a round270unknownB0%
1 Jan 2023$3.3B$1.5B – $3.8B$3.3B (0%)after a round270unknownB0%
1 Feb 2023$3.3B$1.4B – $3.8B$3.3B (0%)after a round270unknownB0%
1 Mar 2023$3.3B$1.4B – $3.8B$3.3B (0%)after a round270unknownB0%
1 Apr 2023$3.3B$1.3B – $3.8B$3.3B (0%)after a round270unknownB0%
1 May 2023$3.6B$2.5B – $4.2B$3.6B (0%)after a round410growingA0%
1 Jun 2023$3.6B$2.5B – $4.2B$3.6B (0%)after a round410growingA0%
1 Jul 2023$3.6B$2.5B – $4.2B$3.6B (0%)after a round410growingA0%
1 Aug 2023$3.6B$2.5B – $4.2B$3.6B (0%)after a round410growingA0%
1 Sep 2023$3.6B$2.5B – $4.2B$3.6B (0%)after a round410growingA0%
1 Oct 2023$3.6B$2.5B – $4.2B$3.6B (0%)after a round410growingA0%
1 Nov 2023$1.3B$912M – $2.7B$787M (-41%)after a round300shrinkingB97%
1 Dec 2023$1.3B$868M – $2.7B$755M (-42%)after a round300shrinkingB97%
1 Jan 2024$1.2B$825M – $2.7B$724M (-42%)after a round300shrinkingB97%
1 Feb 2024$1.2B$784M – $2.7B$694M (-42%)after a round300shrinkingC97%
1 Mar 2024$1.2B$748M – $2.7B$667M (-42%)after a round300shrinkingC97%
1 Apr 2024$1.1B$711M – $2.6B$640M (-43%)after a round300shrinkingC97%
1 May 2024$1.0B$676M – $2.1B$587M (-42%)after a round300shrinkingB97%
1 Jun 2024$968M$643M – $2.1B$563M (-42%)after a round300shrinkingB97%
1 Jul 2024$929M$612M – $2.1B$539M (-42%)after a round300shrinkingC97%
1 Aug 2024$891M$582M – $2.0B$517M (-42%)after a round300shrinkingC97%
1 Sep 2024$1.2B$557M – $3.9B$727M (-38%)after a round310downC97%
1 Oct 2024$1.1B$530M – $3.9B$703M (-38%)after a round310downC97%
1 Nov 2024$1.2B$504M – $3.9B$765M (-36%)after a round310flatD89%
1 Dec 2024$1.3B$479M – $3.9B$828M (-34%)after a round310flatD82%
14 Dec 2024$2.2B$1.5B – $3.7B$2.4B (+10%)after a round310flatB0%
1 Jan 2025$2.2B$1.5B – $3.7B$2.4B (+9%)after a round310flatB0%
1 Feb 2025$2.3B$1.5B – $3.7B$2.4B (+9%)after a round310flatB0%
1 Mar 2025$2.3B$1.5B – $3.7B$2.4B (+8%)after a round310flatB0%
1 Apr 2025$2.3B$1.5B – $3.7B$2.4B (+7%)after a round310flatB0%
1 May 2025$2.3B$1.5B – $3.7B$2.4B (+6%)after a round310flatB0%
1 Jun 2025$2.3B$1.5B – $3.7B$2.4B (+5%)after a round310flatB0%
1 Jul 2025$2.3B$1.5B – $3.7B$2.4B (+4%)after a round310flatB0%
1 Aug 2025$2.4B$1.5B – $3.8B$2.5B (+4%)after a round340upB0%
1 Sep 2025$2.4B$1.5B – $3.8B$2.5B (+3%)after a round348upB0%
1 Oct 2025$2.4B$1.5B – $3.8B$2.5B (+2%)after a round348upB0%
1 Nov 2025$2.5B$1.5B – $3.9B$2.5B (+2%)after a round364upB0%
1 Dec 2025$1.9B$1.2B – $2.8B$1.2B (-37%)after a round137shrinkingB97%
1 Jan 2026$1.8B$1.2B – $2.8B$1.1B (-39%)after a round137shrinkingB97%
1 Feb 2026$2.3B$1.4B – $3.6B$1.6B (-30%)after a round394upB89%
1 Mar 2026$2.2B$1.4B – $3.7B$1.6B (-28%)after a round394upB82%
1 Apr 2026$2.2B$1.3B – $3.7B$1.6B (-26%)after a round394upB76%
1 May 2026$2.2B$1.3B – $3.7B$1.6B (-25%)after a round394upB70%
1 Jun 2026$2.2B$1.2B – $3.8B$1.7B (-23%)after a round427upB64%
12 Jun 2026$1.5B$1.3B – $2.2B$2.0B (+30%)after a round427upA0%
1 Jul 2026$1.5B$1.3B – $2.2B$2.0B (+28%)after a round427upA0%
1 Aug 2026$1.6B$1.3B – $2.2B$2.0B (+25%)after a round427upA0%
1 Sep 2026$1.6B$1.3B – $2.2B$2.0B (+23%)after a round427upA0%
1 Oct 2026$1.6B$1.3B – $2.3B$2.0B (+23%)after a round510growingA0%
24 Oct 2026$1.7B$1.3B – $2.3B$2.0B (+21%)after a round510growingA0%

Key facts about Current

Founded
2015
Headquarters
New York, United States
Employees
about 510 +40% in a year
Total raised
$675M
Funding rounds
7
Last round
Series E Jun 2026

Current was founded in 2015 by Stuart Sopp and Trevor Marshall.

Current funding history

Current has 7 funding rounds on record, from Mar 2017 to Jun 2026, $675M in total. The latest disclosed valuation is $1.50B post-money (Series E, Jun 2026).

  1. Series E 11 Jun 2026

    Led by Springcoast Capital Partners; with Andreessen Horowitz, Tiger Global, Avenir, Foundation Capital, Wellington Management, Sapphire Ventures, QED Investors.

    Sources: taihecap.com, prnewswire.com, pulse2.com and 3 more

    $80M

    $1.50B post-money, below the round before

  2. Growth Equity 13 Dec 2024

    With Andreessen Horowitz, Wellington Management, Avenir, General Catalyst, Cross River.

    Sources: prnewswire.com, neobanque.ch, finextra.com and 3 more

    $200M

  3. Series D 27 Apr 2021

    Led by Andreessen Horowitz; with Tiger Global, TQ Ventures, Avenir, Sapphire Ventures, Foundation Capital, Wellington Management, Expa.

    Sources: current.com, current.com, techcrunch.com

    $220M

    $2.20B post-money

  4. Series C 24 Nov 2020

    Led by Tiger Global; with Sapphire Ventures, Avenir, Foundation Capital, Wellington Management Company, QED Investors.

    Sources: current.com, current.com, techcrunch.com and 2 more

    $131M

    $750M post-money

  5. Series B 24 Oct 2019

    With Wellington Management Company, Galaxy, CMFG Ventures, QED Investors, Expa, Elizabeth Street Ventures.

    Sources: current.com, prnewswire.com, techcrunch.com and 3 more

    $20M

  6. Series A 1 Oct 2017

    With Fifth Third Capital, Human Ventures, Cota Capital, AAF Management Ltd., QED Investors, Elizabeth Street Ventures, Expa, TQ Ventures.

    Sources: finsmes.com

    $20M

  7. Seed 1 Mar 2017

    With Expa, Human Ventures, Future Perfect Ventures.

    Sources: huffpost.com

    $3.6M

Current investors

21 investors have backed Current; Andreessen Horowitz, Tiger Global and Springcoast Capital Partners led at least one round.

What Current does

Current works in banks & ATMs, with 15 recorded offerings and customers in financial services.

Finco Services, Inc., known as Current, is an American financial technology company that operates as a fintech platform and financial services provider. The company offers banking and financial technology solutions, including paycheck advances, overdraft protection, credit building, savings bonuses, and crypto trading. It also provides mobile banking services, spending accounts, and access to fee-free ATMs. Current serves individual customers nationwide, with some limitations in Hawaii, and is supported by a network of partner banks and a mobile application.

Description from Veridion's company data.

Products and services

  • Mobile Banking Platform Development
  • Paycheck Advance Services
  • Fee-Free Overdraft Services
  • Credit Building Services
  • Savings Bonus Services
  • Crypto Trading Services
  • Teen Banking Services
  • Early Paycheck Access Services
  • Earned Wage Access Services
  • Fee-Free ATM Network Access
  • Card Control Services
  • Instant Notification Services
  • Data-Driven Financial Solutions Development
  • Financial Technology Platform Development
  • Nationwide Financial Access Services

Markets

  • Financial Services

Business model

  • Business-to-Consumer

Industry codes (NAICS)

  • 522110 Commercial Banking 60% match
  • 541511 Custom Computer Programming Services 25% match
  • 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities 15% match

Questions about Current

What is Current worth?

Valuation $1.7B (range $1.3B to $2.3B), as of 24 Oct 2026. The last disclosed valuation was $1.50B (Series E, Jun 2026).

Has Current raised money?

Current has 7 funding rounds on record, from Mar 2017 to Jun 2026, $675M in total. The latest disclosed valuation is $1.50B post-money (Series E, Jun 2026).

Who has invested in Current?

Andreessen Horowitz, Tiger Global, Springcoast Capital Partners, Avenir, Expa and QED Investors, and 15 more. Lead investors include Andreessen Horowitz, Tiger Global and Springcoast Capital Partners.

How many people work at Current?

About 510, up 40% over the last year. Headcount grew from 140 in Jan 2021 to 510 in Sep 2026.

What does Current do?

Current works in banks & ATMs, with 15 recorded offerings and customers in financial services. Its main offerings are mobile banking platform development, paycheck advance services and fee-free overdraft services.

When was Current founded, and where is it based?

Current was founded in 2015 and is based in New York, United States. It has about 510 employees, up 40% over the last year.