Exclusive: Neobank Current Raises $80M Series E

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

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