Current

wealthtech-retailpersonal finance managementb2b fintechdigital cardspaymentsmobile/digital wallet

FOUNDING YEAR: 2015
LOCATION:
Last Update: 05/07/2020

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About

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.

People

FOUNDERS

Stuart Sopp

BOARD MEMBERS AND ADVISORS

Frank Rotman

NUMBER OF EMPLOYEES

11-50

INVESTORS:

AAF Management Ltd.

AAF Management Ltd.

Arab Angel

Cota Capital

Cota Capital

Cota Capital

Expa

Expa

Expa

Fifth Third Capital

Future Perfect Ventures

Human Ventures

Kohlberg Ventures

QED Investors

QED Investors

QED Investors

Wellington Management

Wellington Management

KEY EMPLOYEES:

Stuart Sopp (CEO)

Trevor Marshall (CTO)

Momentum

FUNDED

YES

TOTAL FUNDING

$58.6 M

DATE OF LAST FUNDING

Oct 2019

SEED & PRIOR FUNDING

$3.6 M

FUNDING SERIES

SERIES A  · $23 M  · Feb 2019

SERIES B  · $20 M  · Oct 2019

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)

BASICS

FOUNDING YEAR:

2015

LOCATION:

Views:

82 VISITORS | 161 VIEWS
LATEST FUNDING ROUND

$58.6 M

TOTAL EMPLOYEES
11-50

About

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.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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