Tag: Current

Chime, a digital bank, has held onto the top spot for highest app downloads in 2021 with a 5% increase from 2020 to 8.6m....

A Jared Leto-backed startup, family-focused FinTech firms and corporate spend management companies were among the big winners of the 42 funding rounds reported on last week.

Venture capital firm Andreessen Horowitz led a $220m investment in Current which tripled its valuation giving it the unicorn status.

Challenger bank Current claims to be the first FinTech company to receive a second stimulus payment from the US government.

Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.

Having made several initiatives recently to better position itself in the market, UK challenger bank Revolut is now launching a new subscriptions feature to give customers more control over their recurring expenditure.

Digital banking platform Current has collected $20m in its Series B as it grows to more than 500,000 accounts on its app.

Child-focused personal finance platform Current has raised an additional investment to its Series A round from Fifth Third Bancorp, bringing the total funding to $10m.

Personal finance platform Current has secured a $5m Series A funding round led by QED Investors, with Cota Capital also participating.

Mobile banking and payments platform Current has closed $3.6m in a seed funding round. Existing backers Expa and Human Ventures contributed along with Future Perfect Ventures.