Exclusive: Neobank Current Raises $80M Series E

About this episode

Jason Mikula interviews Current's CEO and CTO about their recent funding round and the company's growth strategies.

In this episode, I had the exclusive chance to chat with Current’s CEO Stuart Sopp and CTO Trevor Marshall on the company’s $80 million Series E, led by Springcoast Partners, announced earlier today. We also discussed: * Current’s expanded product suite and impressive 70% growth for the third year in a row * The role AI has played across the company’s business and how Stu and Trevor think about cost discipline and “return on tokens” * Current’s expanded financing facility with bank partner Cross River and General Catalyst * How Stu and Trevor think about the latest wave of foreign fintechs entering the U.S. * How the “K-shaped” economy and renewed inflation are impacting everyday American consumers * And on building a sustainable business that’s ready for the public markets Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

People in this episode

Host: Jason Mikula

Guests: Stuart Sopp, Trevor Marshall

Topics covered

• neobanks
• funding
• AI in fintech
• foreign fintechs
• economic impact
• sustainable business

Keywords

• Current
• Series E
• neobank
• AI
• fintech
• economic impact
• foreign fintechs
• sustainable business

Mentioned in this episode

Organizations: Current, Springcoast Partners, Cross River, General Catalyst

Places: U.S.

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