Founded Year

2015

Stage

Series E | Alive

Total Raised

$583.41M

Last Raised

$200M | 4 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+66 points in the past 30 days

About Current

Current provides banking solutions. The company offers a mobile banking platform that includes direct deposit, credit building, and overdraft options. Current provides cryptocurrency trading and savings accounts with variable interest rates. It was founded in 2015 and is based in New York, New York.

Headquarters Location

217 Centre Street Suite 180

New York, New York, 10013,

United States

888-851-1172

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Current's Product Videos

Current Interest Demo2.png

Current's Products & Differentiators

    Interest

    Any member who signs up for a Current Personal Account can receive up to 4.00% Annual Percentage Yield “APY” on up to a total of $6,000 from Current by adding money to their Savings Pods and enabling the Current Interest feature. Only members who receive $200 per month in qualifying payroll direct deposits are eligible for the boosted 4.00% APY. Members can seamlessly transfer money between Savings Pods and their spending balance and Interest is paid daily.

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Expert Collections containing Current

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Current is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,270 items

P

Payments

3,134 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.

F

Fintech

9,462 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

D

Digital Banking

1,105 items

Challenger bank offer digitally native banking products (checking and savings account at the most basic) and either leverage partner banks or are fully-licensed banks themselves.

F

Fintech 100

499 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

Latest Current News

The Quarterly Review: Current’s CTO Trevor Marshall reports on Model-Driven Success

Mar 25, 2025

The Quarterly Review: Current’s CTO Trevor Marshall reports on Model-Driven Success Trevor Marshall, Current's CTO, reports success with model-driven deployments that boosted the firm's Paycheck Advance product. Through focused model improvement and heuristic deployment, Marshall's teams enhanced ML infrastructure to better predict payroll timing and significantly improve fraud detection. Rabab Ahsan | March 25, 2025 This iframe contains the logic required to handle Ajax powered Gravity Forms. Notes from the desk: Hello and welcome to The Quarterly Review, where I dive into what executives from some of the best brands in financial services are focusing on in this quarter. In the last year, we have surveyed executives from both banks and fintechs about their intentions and goals for the year. With the new year, I am excited to bring you another “review” in this series. It’s where we compare the exec’s goals with results and see how well his plans stood the test of time. Our review articles in this series are an exclusive offering for our TS PRO subscribers. If you want to dive into the juicy stuff and read the details of their labors and fruits —beyond the executive summary below— please consider becoming a TS PRO subscriber. In this edition we will check back in with Current’s CTO, Trevor Marshall. Executive Summary In September of last year, I sat down with Current’s CTO Trevor Marshall to speak about his plans for the rest of 2024. At the time, Marshall was completely focused on continuing to drive the firm’s momentum, as well as optimizing the firm’s underlying technology infrastructure. In this new year, Marshall is back to report how the firm has done a deep dive into model improvement to reap significant product and performance benefits:  i) By focusing on model-driven deployment of features, Current was able to improve the value it delivers to consumers that use its Paycheck Advance. Recently, the firm made it possible for more customers to be approved for the product as well as increase the amount they are able to take home. ii) In the transaction risk detection space, Current has been able to improve its AI models through heuristic deployment to significantly improve its model’s performance and curtail the risk of third party fraud. The Full Review The Reviews in The Quarterly Review series are a member-exclusive product. If you would like to keep reading please consider becoming a TS Pro subscriber by clicking below. Notes from the desk: Hello and welcome to The Quarterly Review, where I dive into what executives from some of the best brands in financial services are focusing on in this quarter. In the last year, we have surveyed executives from both banks and fintechs about their intentions and goals for the year. With the new year, I am excited to bring you another “review” in this series. It’s where we compare the exec’s goals with results and see how well his plans stood the test of time. Our review articles in this series are an exclusive offering for our TS PRO subscribers. If you want to dive into the juicy stuff and read the details of their labors and fruits —beyond the executive summary below— please consider becoming a TS PRO subscriber. In this edition we will check back in with Current’s CTO, Trevor Marshall. Executive Summary In September of last year, I sat down with Current’s CTO Trevor Marshall to speak about his plans for the rest of 2024. At the time, Marshall was completely focused on continuing to drive the firm’s momentum, as well as optimizing the firm’s underlying technology infrastructure. In this new year, Marshall is back to report how the firm has done a deep dive into model improvement to reap significant product and performance benefits:  i) By focusing on model-driven deployment of features, Current was able to improve the value it delivers to consumers that use its Paycheck Advance. Recently, the firm made it possible for more customers to be approved for the product as well as increase the amount they are able to take home. ii) In the transaction risk detection space, Current has been able to improve its AI models through heuristic deployment to significantly improve its model’s performance and curtail the risk of third party fraud. The Full Review The Reviews in The Quarterly Review series are a member-exclusive product. If you would like to keep reading please consider becoming a TS Pro subscriber by clicking below. Notes from the desk: Hello and welcome to The Quarterly Review, where I dive into what executives from some of the best brands in financial services are focusing on in this quarter. In the last year, we have surveyed executives from both banks and fintechs about their intentions and goals for the year. With the new year, I am excited to bring you another “review” in this series. It’s where we compare the exec’s goals with results and see how well his plans stood the test of time. Our review articles in this series are an exclusive offering for our TS PRO subscribers. If you want to dive into the juicy stuff and read the details of their labors and fruits —beyond the executive summary below— please consider becoming a TS PRO subscriber. In this edition we will check back in with Current’s CTO, Trevor Marshall. Executive Summary In September of last year, I sat down with Current’s CTO Trevor Marshall to speak about his plans for the rest of 2024. At the time, Marshall was completely focused on continuing to drive the firm’s momentum, as well as optimizing the firm’s underlying technology infrastructure. In this new year, Marshall is back to report how the firm has done a deep dive into model improvement to reap significant product and performance benefits:  i) By focusing on model-driven deployment of features, Current was able to improve the value it delivers to consumers that use its Paycheck Advance. Recently, the firm made it possible for more customers to be approved for the product as well as increase the amount they are able to take home. ii) In the transaction risk detection space, Current has been able to improve its AI models through heuristic deployment to significantly improve its model’s performance and curtail the risk of third party fraud. The Full Review The Reviews in The Quarterly Review series are a member-exclusive product. If you would like to keep reading please consider becoming a TS Pro subscriber by clicking below. Notes from the desk: Hello and welcome to The Quarterly Review, where I dive into what executives from some of the best brands in financial services are focusing on in this quarter. In the last year, we have surveyed executives from both banks and fintechs about their intentions and goals for the year. With the new year, I am excited to bring you another “review” in this series. It’s where we compare the exec’s goals with results and see how well his plans stood the test of time. Our review articles in this series are an exclusive offering for our TS PRO subscribers. If you want to dive into the juicy stuff and read the details of their labors and fruits —beyond the executive summary below— please consider becoming a TS PRO subscriber. In this edition we will check back in with Current’s CTO, Trevor Marshall. Executive Summary In September of last year, I sat down with Current’s CTO Trevor Marshall to speak about his plans for the rest of 2024. At the time, Marshall was completely focused on continuing to drive the firm’s momentum, as well as optimizing the firm’s underlying technology infrastructure. In this new year, Marshall is back to report how the firm has done a deep dive into model improvement to reap significant product and performance benefits:  i) By focusing on model-driven deployment of features, Current was able to improve the value it delivers to consumers that use its Paycheck Advance. Recently, the firm made it possible for more customers to be approved for the product as well as increase the amount they are able to take home. ii) In the transaction risk detection space, Current has been able to improve its AI models through heuristic deployment to significantly improve its model’s performance and curtail the risk of third party fraud. The Full Review The Reviews in The Quarterly Review series are a member-exclusive product. If you would like to keep reading please consider becoming a TS Pro subscriber by clicking below. Notes from the desk: Hello and welcome to The Quarterly Review, where I dive into what executives from some of the best brands in financial services are focusing on in this quarter. In the last year, we have surveyed executives from both banks and fintechs about their intentions and goals for the year. With the new year, I am excited to bring you another “review” in this series. It’s where we compare the exec’s goals with results and see how well his plans stood the test of time. Our review articles in this series are an exclusive offering for our TS PRO subscribers. If you want to dive into the juicy stuff and read the details of their labors and fruits —beyond the executive summary below— please consider becoming a TS PRO subscriber. In this edition we will check back in with Current’s CTO, Trevor Marshall. Executive Summary In September of last year, I sat down with Current’s CTO Trevor Marshall to speak about his plans for the rest of 2024. At the time, Marshall was completely focused on continuing to drive the firm’s momentum, as well as optimizing the firm’s underlying technology infrastructure. In this new year, Marshall is back to report how the firm has done a deep dive into model improvement to reap significant product and performance benefits:  i) By focusing on model-driven deployment of features, Current was able to improve the value it delivers to consumers that use its Paycheck Advance. Recently, the firm made it possible for more customers to be approved for the product as well as increase the amount they are able to take home. ii) In the transaction risk detection space, Current has been able to improve its AI models through heuristic deployment to significantly improve its model’s performance and curtail the risk of third party fraud. The Full Review The Reviews in The Quarterly Review series are a member-exclusive product. If you would like to keep reading please consider becoming a TS Pro subscriber by clicking below. Notes from the desk: Hello and welcome to The Quarterly Review, where I dive into what executives from some of the best brands in financial services are focusing on in this quarter. In the last year, we have surveyed executives from both banks and fintechs about their intentions and goals for the year. With the new year, I am excited to bring you another “review” in this series. It’s where we compare the exec’s goals with results and see how well his plans stood the test of time. Our review articles in this series are an exclusive offering for our TS PRO subscribers. If you want to dive into the juicy stuff and read the details of their labors and fruits —beyond the executive summary below— please consider becoming a TS PRO subscriber. In this edition we will check back in with Current’s CTO, Trevor Marshall. Executive Summary In September of last year, I sat down with Current’s CTO Trevor Marshall to speak about his plans for the rest of 2024. At the time, Marshall was completely focused on continuing to drive the firm’s momentum, as well as optimizing the firm’s underlying technology infrastructure. In this new year, Marshall is back to report how the firm has done a deep dive into model improvement to reap significant product and performance benefits:  i) By focusing on model-driven deployment of features, Current was able to improve the value it delivers to consumers that use its Paycheck Advance. Recently, the firm made it possible for more customers to be approved for the product as well as increase the amount they are able to take home. ii) In the transaction risk detection space, Current has been able to improve its AI models through heuristic deployment to significantly improve its model’s performance and curtail the risk of third party fraud. The Full Review The Reviews in The Quarterly Review series are a member-exclusive product. If you would like to keep reading please consider becoming a TS Pro subscriber by clicking below. Notes from the desk: Hello and welcome to The Quarterly Review, where I dive into what executives from some of the best brands in financial services are focusing on in this quarter. In the last year, we have surveyed executives from both banks and fintechs about their intentions and goals for the year. With the new year, I am excited to bring you another “review” in this series. It’s where we compare the exec’s goals with results and see how well his plans stood the test of time. Our review articles in this series are an exclusive offering for our TS PRO subscribers. If you want to dive into the juicy stuff and read the details of their labors and fruits —beyond the executive summary below— please consider becoming a TS PRO subscriber. In this edition we will check back in with Current’s CTO, Trevor Marshall. Executive Summary In September of last year, I sat down with Current’s CTO Trevor Marshall to speak about his plans for the rest of 2024. At the time, Marshall was completely focused on continuing to drive the firm’s momentum, as well as optimizing the firm’s underlying technology infrastructure. In this new year, Marshall is back to report how the firm has done a deep dive into model improvement to reap significant product and performance benefits:  i) By focusing on model-driven deployment of features, Current was able to improve the value it delivers to consumers that use its Paycheck Advance. Recently, the firm made it possible for more customers to be approved for the product as well as increase the amount they are able to take home. ii) In the transaction risk detection space, Current has been able to improve its AI models through heuristic deployment to significantly improve its model’s performance and curtail the risk of third party fraud. The Full Review The Reviews in The Quarterly Review series are a member-exclusive product. If you would like to keep reading please consider becoming a TS Pro subscriber by clicking below. Notes from the desk: Hello and welcome to The Quarterly Review, where I dive into what executives from some of the best brands in financial services are focusing on in this quarter. In the last year, we have surveyed executives from both banks and fintechs about their intentions and goals for the year. With the new year, I am excited to bring you another “review” in this series. It’s where we compare the exec’s goals with results and see how well his plans stood the test of time. Our review articles in this series are an exclusive offering for our TS PRO subscribers. If you want to dive into the juicy stuff and read the details of their labors and fruits —beyond the executive summary below— please consider becoming a TS PRO subscriber. In this edition we will check back in with Current’s CTO, Trevor Marshall. Executive Summary In September of last year, I sat down with Current’s CTO Trevor Marshall to speak about his plans for the rest of 2024. At the time, Marshall was completely focused on continuing to drive the firm’s momentum, as well as optimizing the firm’s underlying technology infrastructure. In this new year, Marshall is back to report how the firm has done a deep dive into model improvement to reap significant product and performance benefits:  i) By focusing on model-driven deployment of features, Current was able to improve the value it delivers to consumers that use its Paycheck Advance. Recently, the firm made it possible for more customers to be approved for the product as well as increase the amount they are able to take home. ii) In the transaction risk detection space, Current has been able to improve its AI models through heuristic deployment to significantly improve its model’s performance and curtail the risk of third party fraud. The Full Review The Reviews in The Quarterly Review series are a member-exclusive product. If you would like to keep reading please consider becoming a TS Pro subscriber by clicking below. 0 comments on “The Quarterly Review: Current’s CTO Trevor Marshall reports on Model-Driven Success” You must be logged in the post a comment.

Current Frequently Asked Questions (FAQ)

  • When was Current founded?

    Current was founded in 2015.

  • Where is Current's headquarters?

    Current's headquarters is located at 217 Centre Street, New York.

  • What is Current's latest funding round?

    Current's latest funding round is Series E.

  • How much did Current raise?

    Current raised a total of $583.41M.

  • Who are the investors of Current?

    Investors of Current include Wellington Management, Andreessen Horowitz, Avenir Capital, Cross River, General Catalyst and 17 more.

  • Who are Current's competitors?

    Competitors of Current include ONE, Greenlight, Atom Bank, Starling Bank, Oxygen and 7 more.

  • What products does Current offer?

    Current's products include Interest and 4 more.

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