Announced
Completed
Financials
Sources
Tags
challenger bank
Minority
Domestic
Acquisition
Banks
Private Equity
Friendly
Venture Capital
Private
Completed
United States
Single Bidder
Synopsis
Investment firm Tiger Global Management led a $131m Series C round in Current, a US challenger bank, with participation from Sapphire Ventures, Avenir, Foundation Capital, Wellington Management Company and QED Investors. With the additional funding, Current plans to expand on its product offerings in order to continue to meet the financial needs of its core demographic and improve even more financial lives.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.