Current
Current is a fintech company providing a mobile banking app for managing credit, savings, crypto, and investments via proprietary technology.
Secondary Market Price
Secondary Market Price
How Current Measures Up
To help you manage your Current equity, Prospect has run the company through our machine learning model.
Prospect Rating
TBD
We are still gathering data to finalize our rating for Current. Please check back soon for our projection of the company's worth four years from now.
Exit Risk
TBD
We are still gathering data on Current to train our machine learning model. Check back soon for our exit risk rating for Current!
Funding Stage
Series D
A company at the Series D stage, like Current, is well past its initial startup phase, offering greater stability than younger ventures. This maturity often translates to more structured roles and clear paths for growth as the company continues to expand its team.
Secondary Market Price Chart
Create a free account to unlock real-time secondary market prices and future projections of Current's value.
Sign up to Unlock the Latest DataData will be available soon.
Sign up to receive notifications when it is available.
Prospect Projected Future Current Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Current's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Current, legally known as Finco Services, Inc., is a U.S. consumer financial technology platform that offers a mobile banking application for managing credit, savings, crypto trading, and investments. The company reports having 4 million members as of March 2024. Founded in 2015 in New York by Stuart Sopp and Trevor Marshall, Current built its own core banking technology, a decision made due to the limited technical options available at the time. This proprietary technology underpins its financial services, which are aimed at American consumers.
The company has raised a total of $399.6 million in funding and reached a market valuation of $2.2 billion as of April 2021. A more recent funding round secured an additional $200 million. Current continues to develop its product offerings, including the launch of its "Build Card," and collaborates with partners such as Visa and Cross River Bank on product innovation. The company is also active in industry events like Money20/20 and TECH WEEK by a16z, with a focus on leveraging data to develop AI and machine learning models for its platform.
- Andreessen Horowitz
- Tiger Global
- General Catalyst
- Sapphire Ventures
- Wellington
- QED
- Foundation Capital
- Avenir Growth
- Galaxy Digital
- Cota Capital
- Co-Founder, CEO Stuart Sopp
- Co-Founder, Trevor Marshall
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Current worth joining?
Determining if a private company like Current is a good career move depends on its growth prospects, financial stability, and the value of its equity offer. Platforms like Prospect can help you evaluate the potential worth of your equity by using data and models similar to those used by venture capitalists.
What should I do with my Current stock?
Managing private company stock involves making strategic decisions on when to exercise options and sell shares to maximize your financial outcome. Prospect offers a suite of tools to create customized strategies for your equity, helping you optimize for taxes and model different financial scenarios.
Can you sell Current stock?
Yes, it is possible to sell stock in a private company, typically through secondary markets or during company-organized events like a tender offer. Tools from Prospect can help you navigate these opportunities by determining how much to sell and which shares are the most tax-optimal to offload.
How can I find the value of my Current stock?
The value of private stock is typically determined by a 409A valuation, but this may not reflect its true market potential. To get a better estimate, you can use a platform like Prospect, which uses predictive models to project your equity’s future value.
What is Current's equity worth?
The precise worth of equity in a private company like Current is not public information and changes based on company performance and funding rounds. You can use resources like Prospect to see independent projections of a company's valuation and what your specific equity stake might be worth.
What is Current's stock ticker symbol?
As a private, pre-IPO company, Current does not have a stock ticker symbol. Ticker symbols are only assigned to companies when they become publicly traded on a stock exchange.
Can I buy or sell Current stock?
As an employee, you can "buy" stock by exercising your options, and you can sell shares during specific liquidity events like tender offers or on secondary markets. Prospect provides tax-optimized strategies to help you decide the best time to exercise and sell your shares.
What is the criteria to buy or invest in Current stock?
Investing in a private company is generally limited to employees receiving equity compensation or accredited investors participating in official funding rounds. For employees evaluating an offer, Prospect helps assess the potential value of the equity component of their compensation package.
