In this episode, Ryan Zauk sits down with Stuart Sopp, Founder and CEO of Current.
Current is a leading U.S. based challenger bank enabling access to affordable and premium financial services to people traditionally overlooked by the banking industry. After explosive growth serving essential workers during COVID-19, Current raised additional funding from Foundation Capital and is expected to reach 2 million customers by the end of 2020.
From 1999 - 2014, Stuart spent his career as a senior trader developing financial systems and trading at Morgan Stanley, Citi, and Deutsche Bank. He started Current after recognizing that the growing inequality gap could be addressed through innovation in technology to improve financial outcomes for everyone.
In this episode, Stuart discusses:
- Current’s crucial contribution to the pandemic's frontline workers
- Why banks have historically overlooked Current’s customers
- What’s wrong with the phrase ‘choosing your investors’
- His view on the extremely competitive FinTech space and Current’s key competitive advantage
- How he switched an NYC team to fully remote in a pandemic
- And much more...including a surprising quarantine hobby
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