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current-triples-valuation-to-2-2-billion-raises-220-million-series-d-round

Current triples valuation to $2.2 billion; Raises $220 million in Series D funding

Current has raised $220 million in Series D funding and tripled its valuation to $2.2 billion in just five months. New investor Andreessen Horowitz led the round for the financial platform, which has now raised over $400 million in total funding.

profileErin Bruehl | April 27, 2021
current-announces-131-million-in-series-c-funding-surpasses-2-million-members

Current announces $131 million in Series C funding; Surpasses 2 million members

Current, a leading U.S. financial technology company, announced it has raised $131 million in Series C funding. New investor Tiger Global Management led the round for the fintech, which has now raised over $180 million in total funding.

profileErin Bruehl | November 24, 2020
current-announces-series-b-expands-visa-partnership

Current raises $20 million in Series B, expands Visa partnership and surpasses 500,000 customers

Current announced $20 million in a Series B round, an expanded partnership with Visa and its rapid growth to over 500,000 accounts.

profileErin Bruehl | October 24, 2019
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Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC. The Current Visa Debit Card is issued by Choice Financial Group pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.

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¹Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to payer's support of the feature and timing of payer's funding.

*Overdrive™ is available only on Current Individual Accounts and requires $500 in qualifying direct deposits on Current each month. Members will be notified by Current when they are eligible and must opt-in to Overdrive™. The Overdrive™ limit starts at $25, allowing members to overdraft their accounts up to $25 on debit card purchases without any fees, and accounts are reviewed periodically for increases up to $200 at Current’s discretion. Your limit may change based on your account history, spending activity, or other risk-based factors. You will receive a notification of any changes to your limit and your limit may change at any time at Current’s discretion. Your limit and remaining balance will be displayed to you in the Current app. When you receive your next deposit, Current then will apply funds towards your negative balance. Overdrive™ will not cover any non-debit card purchases, including ATM withdrawals, ACH transfers, P2P services (PayPal, Venmo, Cash App, or similar services), Current Pay transfers and checks. See terms and conditions.

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