Current, the app-controlled teen debit card that’s managed by parents, is starting to look more like a bank. Today, the startup announced it’s now adding to its debit account for teens support for routing and account numbers. That means working teens will be able to direct-deposit to their Current account their paychecks from after-school and […]
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Teen debit card Current raises $1 million more from Fifth Third Capital
Current, the startup behind an app-controlled debit card aimed at tweens and teens, is adding new strategic investor Fifth Third Capital, a direct equity investment subsidiary of Fifth Third Bancorp, to its recent Series A round of funding. The investment wasn’t directly disclosed, but we’ve learned it’s $1 million. In October, Current announced it had closed on $5 million… Read More