Current

wealthtech-retailpersonal finance managementb2b fintechdigital cardspaymentsmobile/digital wallet

FOUNDING YEAR: 2015
LOCATION: United States
Last Update: 19/01/2021

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About

We are a leading U.S. challenger bank built to meet the needs of people with unique lives who have been overlooked by the traditional banking industry. Our proprietary Current Core technology allows us to provide premium banking services for everyone, regardless of age or income, and improve the financial outcomes of our members without overdraft fees, minimum balance requirements, or hidden fees. We give members up to two days faster direct deposit paychecks, free overdrafts up to $100 with Overdrive , access to 55,000 free ATMs worldwide as well as 24/7 member support 365 days a year. To learn more about us, visit http://www.current.com or download our app on the App Store or Google Play.BY USING THIS CARD YOU AGREE WITH THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. The Current Prepaid Visa Card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Visa U.S.A. Inc. Metropolitan Commercial Bank and Metropolitan are registered trademarks of Metropolitan Commercial Bank 2014.

MEDICI Analysis

Current is a mobile wallet and debit card for underage children. The app is linked to a master app which is used by the parents to load the children app instantly. The children's app also comes with a linked debit card for offline payments.

Focus

PRODUCTS & SERVICES

The products offering include - Current App for Parents - It allows parents to trasfer the money direct to theri children account by the online wallet. It allows them to automate their bank transfers, set limits and block stores or categories for their child shopping. Current App for Teens - It allows kids and teenagers to shop online with apple pay, set savings goals and track their progress, receive money and pay for their expenses.

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

5

TOTAL FUNDING

$154.6 M

DATE OF LAST FUNDING

Nov 2020

IPO STATUS

Private

ESTIMETED REVENUE RANGE

$1M to $10M

SEED & PRIOR FUNDING

$3.6 M

SEED CLOSED ON

Mar 2017

FUNDING SERIES

SERIES A  · $8 M  · Feb 2019

SERIES B  · ---  · Oct 2019

SERIES C  · $131 M  · Nov 2020

OTHERS  · $12 M · Feb 2018

LISTED

NO

COMMENT

As per the source, the company claims that it has raised $10 M but the total fund raised by the company is $9.6 M to date. (Feb. 2018)

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

272,942

AVERAGE VISITS (6 MONTHS)

225,633.02

MONTHLY VISITS GROWTH

-3.75%

VISIT DURATION

286

VISIT DURATION GROWTH

282.59%

PAGE VIEWS VISIT

1.95

PAGE VIEWS VISIT GROWTH

13.43%

BOUNCE RATE

69.03%

BOUNCE RATE GROWTH

-5.55%

GLOBAL TRAFFIC RANK

165,184

MONTHLY RANK CHANGE

-28,827

MONTHLY RANK GROWTH

-14.86%

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