Current Stock
| Valuation | $1.5B1 |
| Valuation Date | Jun 11, 2026 |
| Implied Valuation | $1.5B |
| Last Price | $7.98 |
| 52-Week High | $7.98 |
| 52-Week Low | $7.52 |
| YTD Return | +3.91% |
| 1-Year Return | +6.12% |
| 3-Year Return | +5.00% |
| Total Funding | $482.54M2 |
| Latest Round Amount | $80M1 |
| Latest Round | Series E |
| Funding Rounds | 8 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Current
Current is a consumer fintech company whose mobile banking app is aimed at Americans who live paycheck to paycheck. Accounts carry no monthly fee or minimum balance and come with a Visa debit card, direct deposit up to two days early, fee-free overdraft up to $200, Savings Pods paying a bonus rate on up to $6,000 and fee-free crypto trading powered by Zero Hash. Its two signature products are Paycheck Advance, which fronts eligible members up to $750 of earned wages before payday, and the Build Card, a secured Visa charge card that spends only money already sitting in the account and reports payments to the credit bureaus. Current makes money by taking a share of the Visa interchange on card spending, from optional instant-delivery fees on Paycheck Advance, from a $10 per month Current Max subscription and from the spread on crypto trades. Current is not a bank. Deposits are held by partner banks Choice Financial Group and Cross River Bank, but the company built and runs its own banking core rather than renting one from a third-party processor.
Invest in Current
Current is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Hiive.
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News
Neobank Current raises $80 million, reports growth
American Banker covers Current's $80 million Series E, noting it is the company's first formal funding round since 2021 and that it reported 6 million customers as of November 2025. Current says it ex...
Current's $80M Series E values the neobank below its 2021 peak
TNW notes that the $1.5 billion Series E valuation sits about a third below the $2.2 billion Andreessen Horowitz paid in 2021, making the round a down round. The company frames it as a sign of strengt...
Current Secures $80 Million Series E at $1.5 Billion Valuation Following Third Consecutive Year of 70%+ Growth
Current announced an $80 million Series E at a $1.5 billion valuation led by Springcoast Partners, which takes a board seat. The company also expanded its financing partnership with Cross River and ex...
Exclusive: Neobank Current Raises $80M Series E
Fintech Business Weekly interviews CEO Stuart Sopp and CTO Trevor Marshall on the Series E, the expanded product lineup and the path to an eventual IPO. They also discuss how AI is used across the bus...
Getting more from every paycheck: Current introduces industry-leading value for everyday Americans with Current Max
Current launched Current Max, a $10 per month subscription that raises the savings boost rate to 6% and adds extra Build Card points, premium support and wellness benefits. The company also extended f...
Current Joins American Fintech Council (AFC) to Expand Consumer Access to Innovative, Affordable and Responsible Financial Services
Current joined the American Fintech Council, the industry association for consumer fintech companies and their bank partners. The release put Current's membership at over 5 million at the time.
Current Announces Record-Breaking Growth in 2024; Secures Additional Capital to Accelerate Scale, Product Innovation
Current reported a more than 90% increase in revenue in 2024 and secured $200 million in new capital, made up of General Catalyst's Customer Value strategy investment plus warehouse funding from Cross...
Why neobank Current left its main tech provider for Visa
American Banker reports on Current migrating its card processing off Galileo and onto the Visa DPS platform. The move followed the company's decision to build and run its own banking core.
Andreessen Horowitz-backed neobank Current explains why launching crypto trading during a massive downturn is actually good timing
Fortune covers Current's launch of no-fee crypto trading inside its banking app, powered by Zero Hash. Executives argue that launching during a downturn suits an audience buying small amounts rather t...
US fintech Current introduces high-yield savings where customers earn a 4.00% APY
Current raised the bonus rate on its Savings Pods to 4.00%, at the time one of the highest rates offered by a US consumer fintech. The rate applies to balances up to a capped amount for members who re...
Digital bank Current triples valuation in five months to $2.2 billion after Andreessen takes stake
CNBC reports Current's $220 million Series D led by Andreessen Horowitz, which tripled its valuation to $2.2 billion five months after the Series C. The company had about 3 million accounts at the tim...
Current Joins Mobile-Banking Boom With $131 Million Tiger Global-Led Round
The Wall Street Journal covers Current's $131 million Series C led by Tiger Global Management at a $750 million valuation. The company had just passed 2 million members after doubling its base in unde...
Mobile bank Current launches a points rewards program for debit card users
Current introduced Points, a rewards program that lets debit card users earn points redeemable for cash back. Rewards programs of this kind are usually tied to credit cards rather than debit.
Mobile banking app Current raises $20M Series B, tops half a million users
Current raised a $20 million Series B and expanded its partnership with Visa as it passed 500,000 accounts. The company had by then broadened beyond the teen debit card it started with.