Springcoast Partners led the round. This funding builds upon previous backing from Andreessen Horowitz, Tiger Global Management, Avenir, Foundation Capital, Wellington Management, Sapphire Ventures and QED Investors.

In conjunction with the financing, Current expanded its financing partnership with Cross River, increasing the company's capacity to scale its liquidity and credit products as customer demand continues to accelerate. Additionally, Current also expanded and extended its existing multi-year commitment from General Catalyst's Customer Value Fund, which has allowed the company to rapidly grow while continuing to invest in product and engineering.

Current is a leading consumer fintech platform helping everyday Americans improve their financial lives. Current is focused on building integrated solutions to solve needs that stand between Americans and their financial goals, making it easier for everyone to build the future they deserve.