Current is a financial technology startup that aims to make banking more accessible and affordable for everyone. Founded by CEO Stuart Sopp, the company operates in the digital banking market, providing a range of financial services designed to improve the financial outcomes of its users. Current serves a diverse clientele, including individuals with various modern lifestyles and teenagers, offering specialized teen banking services.

The company’s business model revolves around offering premium financial services through its custom-built banking technology, known as the Current Core. This technology ensures greater stability, faster transactions, and cost efficiencies, which are passed on to its members. Current makes money through a combination of subscription fees for premium accounts and interchange fees, which are small fees paid by merchants whenever a customer uses their Current card.

Key features of Current’s services include getting paid faster through early direct deposits, free overdraft protection up to $100, no hidden fees, cash back rewards, free access to ATMs, and the ability to deposit cash. Additionally, users can manage their money through mobile banking, deposit checks via their mobile device, and automate their savings. The company also offers gas hold refunds, which means users get back any extra money that gas stations temporarily hold when they pay at the pump.

In summary, Current is focused on creating better financial outcomes for people by providing accessible, affordable, and premium banking services through innovative technology.

Keywords: Digital Banking, Financial Technology, Accessible Banking, Teen Banking, Cash Back, Free Overdraft, Mobile Banking, Early Direct Deposit, No Hidden Fees, Automated Savings.