Mobile banking app Current raises $20M Series B, tops half a million users

Mobile banking app Current, which began as a teen debit card controlled by parents, expanded to offer personal checking accounts earlier this year. Now the company says it has grown to host over 500,000 accounts on its service and has closed on $20 million in Series B funding to further its growth.
The round included new investors Wellington Management Company, Galaxy Digital EOS VC Fund, and CMFG Ventures — the venture capital arm of the CUNA Mutual Group, a mutual insurance company servi