Tagged: current

December 15, 2024 @ 6:12 pm By Omar Faridi  |  

Current, a consumer fintech banking platform transforming financial access for everyday Americans, announced steady growth in 2024 including an “over 90 percent increase in revenue.” Following this solid year, the company has secured $200 million in new capital to accelerate “growth and fast-track profitability in… Read More

March 8, 2024 @ 11:27 am By Omar Faridi  |  

In a macroenvironment when data is increasingly expensive, more Americans are in need of affordable, accessible ways to safely build their credit histories, according to an update from Fintech firm Current. It’s why Current have partnered with Cross River to offer “an innovative secured charge… Read More

January 18, 2024 @ 10:07 pm By Omar Faridi  |  

Current, the U.S. fintech platform dedicated to empowering Americans in pursuit of a brighter financial future, announced a partnership with Column Tax, the embedded tax provider offering next generation tax products. This partnership will aim to “save millions of Americans much-needed money this tax season… Read More

August 24, 2023 @ 11:40 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Current, a U.S. fintech platform dedicated to empowering Americans in their pursuit of a brighter financial future, today announced the launch of a new credit building product. Together, the two companies will… Read More

November 21, 2022 @ 12:43 pm By JD Alois  |  

  QED Investors is probably the most prominent and successful Fintech-focused venture capital firm. Holding dozens of well-known names in their portfolio – including multiple unicorns, QED is hyper-engaged with the  Fintech ecosystem around the world. Recently, QED distributed a couple of comments on the… Read More

May 12, 2022 @ 5:04 pm By Omar Faridi  |  

Current, a U.S. financial technology platform serving Americans working to “create a better future” for themselves, recently announced the launch of its platform API, “built to facilitate seamless integrations and embedded banking experiences.” Plaid, the API-first data network powering the digital financial ecosystem, is reportedly… Read More

January 21, 2022 @ 2:05 am By Omar Faridi  |  

Fintech firm Current notes that the end of the holiday season and the start of the new year can often be “a financial burden” with that extra spend from the holidays and “setting budget-goals for the new year.” Although January marks a fresh or brand… Read More

January 14, 2022 @ 4:27 pm By Omar Faridi  |  

Fintech firm Current notes that the dramatic rise of inflation to its highest rate in almost 4 decades without a corresponding increase in wages has “caused Americans to pay more for basic essentials.” That’s  why Current claims that it’s pleased to announce the launch of… Read More

December 3, 2021 @ 7:55 am By Omar Faridi  |  

Aaron Henshaw, Head of Coinbase Cloud Engineering, says that it’s no secret that crypto is gaining mainstream appeal, with the international cryptocurrency market cap reaching an all-time high of $3 trillion for the first time, the total value locked in DeFi reaching $250 billion, and… Read More

November 8, 2021 @ 8:02 pm By Omar Faridi  |  

Fintech firm Current reveals that they’re pleased to confirm that Ravi Bhatia has joined the company as the Head of Credit. Ravi comes to Current after almost 15 years of leading global financial teams in credit risk, oversight, analytics, strategy and partnerships “with an expertise… Read More

September 28, 2021 @ 11:39 am By Omar Faridi  |  

US-based Fintech Unicorn Current reveals that it has appointed Jodi G. to their leadership team as their General Counsel. Jod Golinsky brings to Current almost two decades’ of professional experience leading legal and compliance teams at financial services and Fintech firms. Recently, Jodi has been… Read More

June 13, 2021 @ 9:10 am By Omar Faridi  |  

The topic of banks vs. Fintech firms has been “another hot one as of late,” the team at Fintech Current notes in an update while adding that with court rulings, the questioning of banking execs on Capitol Hill has been ongoing. And, if you have… Read More

June 2, 2021 @ 1:38 am By Omar Faridi  |  

Current, a leading US-based Fintech firm serving Americans who are working to “create a better future for themselves,” recently revealed that it had teamed up with Acala, a decentralized finance (DeFi) platform developed on the Polkadot blockchain network. The partnership, which is reportedly the first… Read More

April 27, 2021 @ 10:02 am By JD Alois  |  

Current, a fast-growing neo-bank, has raised $220 million at a valuation of $2.2 billion. Current notes that the company has tripled in value in the past 5 months. In total, Current has raised $400 million in venture funding. The Series D funding round was led… Read More

April 26, 2021 @ 2:39 pm By Samantha Hurst  |  

  Current, a U.S.-based fintech, announced on Monday its new partnership and investment with Jimmy Donaldson, aka MrBeast, a YouTube creator and philanthropist. According to Current, the partnership will give Donaldson a new platform to engage and give back at an even larger scale to… Read More

March 23, 2021 @ 8:41 pm By Omar Faridi  |  

Digital banking challenger Current confirmed on March 12, 2021, that it began receiving and crediting stimulus payments “as of 11 am. ET on March 12.” The digital bank stated that it would  be crediting “all member accounts immediately, making all funds fully available as we… Read More

March 6, 2021 @ 10:48 am By Omar Faridi  |  

Current, one of the leading digital banks in the US, reveals that it’s been a busy few weeks at the company as they began receiving tax refunds for thousands of clients five working days faster than regular banks. Current claims that most of the money… Read More

January 25, 2021 @ 8:17 pm By Omar Faridi  |  

Current, one of the leading digital banks in the US, has noted that 2020 was “certainly not the year anyone was expecting,” however, for all the tribulations (not to mention “being in the epicenter of a pandemic” – above all), the company is quite proud… Read More

December 29, 2020 @ 10:36 pm By JD Alois  |  

As the most recent stimulus package dealing with COVID-driven economic damage became law, funds are being distributed across the country. Earlier this evening, the US Treasury Department and the Internal Revenue Service commenced delivering the second round of Economic Impact Payments to millions of Americans… Read More

November 24, 2020 @ 9:07 am By JD Alois  |  

Current, one of the leading digital banks in the US, has raised $131 million in a Series C funding round led by Tiger Global Management joined by new investors Sapphire Ventures and Avenir. Foundation Capital, Wellington Management Company, and QED Investors returned to fund the… Read More