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Current Raises $220M in Series D; Valued at $2.2 Billion
Current, a NYC-based U.S. mobile banking company, raised $220m in Series D funding in a round valuing it to $2.2 billion. New investor Andreessen Horowitz led the round bringing total funding raised to date to over $400m, with participation from returning investors Tiger Global Management, TQ Ventures, Avenir, Sapphire Ventures, Foundation Capital, Wellington Management and EXPA. The company intends to use the funds to expand its business reach and development efforts. Led by Stuart Sopp, CEO and Founder, Current is a financial technology company providing nearly three million members ...
Source: finsmes.com