Current was founded in 2015 by Stuart Sopp. Stuart Sopp was a Wall Steet trader and worked many major banks including Morgan Stanley, Citi, and Deutsche. Currently Current offers three types of accounts - A free account, a premium account, and a teen account. The premium account costs US$4.99 a month and the teen account costs US$36 per year per teen. No minimum balance and no-fee model is targeted at Millenials and Gen Z customers who face liquidity issues in managing their finances. Current primarily uses influencers to reach potential customers. Current currently has more than 3 million customers and is valued at US$2.2 billion.

1. SME Fintech Opportunity in the Developing Countries

2. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - Products Current - Growth Current - Finances
Current - The Company and Market
Current - The Company and Market

3. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - Products Current - Growth Current - Finances
Current - The Company
Founding 2015 in New York, USA
Valuation US$2.2 billion
Business Retail Banking
Total Funds Raised US$402.4 million in 4 rounds
Investors Andreessen Horowitz, Tiger Global Management, Wellington Management, QED Investors, Expa, Avenir
Growth Capital, Elizabeth Street Ventures, Foundation Capital, TQ Ventures, Sapphire Ventures etc.
Market USA
Current - The Company and Market

4. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - Products Current - Growth Current - Finances
Current - Market: USA
Current - The Company and Market
Population 328.2 million as of 2019
Median Age 37.4
Demography 0-14 years: 18.46%, 15-24 years: 12.91%, 25-54 years: 38.92%, 55-64 years: 12.86%, 65 years and over: 16.85%
GDP Per Capita US$65,298 as of 2019 (Current USD)
Gross Saving Rate 16.5% as of September 2020.
Policy Rate 0.06% as of March 2021

5. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - Products Current - Growth Current - Finances
Current - The Company and Market: Founders
Current - The Company and Market
Stuart Sopp
Founder and CEO
Morgan Stanley, Citi, Deutsche Bank, BNY
Mellon
City University

6. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - Products Current - Growth Current - Finances
Current - The Company and Market: Leadership
Stuart Sopp Chief Executive Officer
Trevor Marshall Chief Technology Officer
Joshua Arjuna Stephens VP - Product
Adam Hadi VP - Marketing
David Kilin VP - Finance
Alex Sergiyenko Head of People Operations
Aviv Gadot VP of Engineering
Current - The Company and Market

7. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Products Current - Growth Current - Finances
Current - Products

8. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Growth Current - Finances
Current - Products
Products
Current Accounts
Current - Products
Payments
Money
Management
Free Account Current Pay Insights etc.
Premium
Account
Savings Pods.
Teen Account

9. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Growth Current - Finances
Current - Products: for Consumers: Accounts: Current Accounts: Free Current Account
Points and Cashback on Debit Card
1x points on purchase from 14,000
merchants around the US. The points
can be redeemed for cash at a rate of
100 points per dollar. Points can also
be used for subscriptions including
Current premium subscription.
Current - Products
No hidden fees
No minimum balance fees or requirements, no
instant transfer fees, no hidden fees, no overdraft
fees, and no bank transfer fees
Free ATM Withdrawals
The basic account comes with a White Prepaid Visa Card along with mobile check deposits and 24/7 free support.

10. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Growth Current - Finances
Current - Products: for Consumers: Accounts: Current Accounts: Premium Current Account - $4.99/ month
Get Paid Faster
Direct deposit enables receiving
paychecks up to two days earlier.
Current - Products
Overdrive: Free Overdraft
Free overdraft up to $100 on
qualified accounts.
Instant Refund on Gas Holds
The premium account also comes with a premium debit card and up to 15x points on spendings.

11. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Growth Current - Finances
Current - Products: for Consumers: Accounts: Current Accounts: Teen Current Account - $36/ year per teen
Current - Products
The teen account also comes with fingerprint and facial recognition.

12. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Growth Current - Finances
Current - Products: for Consumers: Payments: Current Pay
Current - Products
“Current Pay is our P2P platform that allows our members to send or request money from others on Current instantly.”
Current ~tags : Payment handle with shareable QR codes which makes finding and sharing profiles easier for payment purpose.

13. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Growth Current - Finances
Current - Products: for Consumers: Money Management: Saving Pods
Current - Products
Automates saving.
The free account comes with one Pod and the premium account with three Pods.

14. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Growth Current - Finances
Current - Products: for Consumers: Money Management: Insights
Current - Products
Helps to budget and track spending.

15. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - Growth
Current - The Company and Market Current - Products Current - Growth Current - Finances

16. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Products Current - Finances
Current - Growth: Growth
Current - Growth
Number of Customers ~3 million as of April 2021 from just one million in March 2020.

17. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Products Current - Finances
Current - Growth: Growth: Growth Strategy
Current - Growth
Current employs influencers to reach their target Gen Z
customers.
Current works with influencers like Kyle and Jade, Kelz
Washington, and David Dobrik, who has over 26 million followers
on TikTok and has received over 1 billion likes on the social media
video platform.

18. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Products Current - Growth Current - Finances
Current - Finances

19. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Current - The Company and Market Current - Products Current - Growth
Current - Finances: Finances
Current - Finances
Annual Revenue of Current is estimated to be around US$1 million.
Current Has experienced more than 500% year-on-year growth in revenue in 2020.

20. Current - Neobank for young Americans by Sam Ghosh 3rd May 2021
Thank You
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This document is not an investment prospectus and does not
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