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Current (Commercial Banks)

New York, NY · Founded 2015 · Privately Held (backing)

Developer of a mobile banking application designed to meet the needs of people who have been overlooked by the traditional banking industry. Current (Commercial Banks) is based in New York, NY and was founded in 2015. Its last reported valuation was $2.2 billion in Apr 2021. It has raised $611 million.

Last reported valuation
$2.2B
Oct 2026
Priced at
—
Total raised
$611.2M
Last round
—

Current (Commercial Banks) key facts

as of Oct 2026
  • Developer of a mobile banking application designed to meet the needs of people who have been overlooked by the traditional banking industry.
  • Current (Commercial Banks) is valued at approximately $2.2B as of Oct 2026 (last reported valuation).
  • It has raised $611.2M; the latest was Later Stage VC in Dec 2024.
  • Notable investors include Andreessen Horowitz, General Catalyst, Tiger Global Management, Pareto Holdings, QED Investors — 32 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$2.2B

Current (Commercial Banks)'s last reported valuation, Apr 2021. Nothing priced has surfaced since.

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Current (Commercial Banks) funding rounds

No rounds on record

No funding rounds for Current (Commercial Banks) are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Current (Commercial Banks) valuation

Current (Commercial Banks)'s last reported valuation was $2.2 billion in Apr 2021. No priced round, secondary trade or fund mark has surfaced since.

Current (Commercial Banks) investors

32 investors are on record for Current (Commercial Banks), including Andreessen Horowitz, General Catalyst, Tiger Global Management and Pareto Holdings. By type, the record holds 12 venture capital firms and 1 hedge fund.

About Current (Commercial Banks)

Developer of a mobile banking application designed to meet the needs of people who have been overlooked by the traditional banking industry. The company's application offers banking services without overdraft fees, minimum balance requirements, or hidden fees, and helps people face increasing digitization and complexity, enabling users to improve and have favorable financial outcomes through premium banking services regardless of age or income.

Sector
Financial Services
HQ
New York, NY, United States
Founded
2015
Employees
106
Ownership
Privately Held (backing)

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