Apr 30 • 32M

Interview: Stuart Sopp, Founder & CEO of Current

How Current Is Differentiating Itself In A Crowded Market

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Jason Mikula
A monthly(ish) podcast featuring interviews with leaders in fintech, banking & crypto.
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Hey all, Jason here.

Well, there was no shortage of late-breaking news on Friday — like the Fed’s report on SVB’s failure, the FDIC’s report on its supervision of Signature, and what appears to be the collapse of troubled First Republic Bank.

Given you’ll have no shortage of content covering those developments (and to give me time to read all of them and develop an informed opinion), I’m bringing you something else entirely this Sunday morning.

While in New York for NY Fintech Week, I had the chance to sit down with Current’s cofounder and CEO Stuart Sopp. We discussed:

  • How Current is differentiating itself in a crowded market

  • Current’s unique marketing activations, including partnership with YouTuber MrBeast

  • Whether or not an interchange-dependent business model is sustainable

  • Why Current built its own tech stack and the benefits of doing so

  • Current’s plans to launch credit products, beginning with a secured card

  • and much more!

Speaking of NY Fintech Week, I had an amazing and productive time in the city. Many thanks to everyone who worked hard to organize events during the week, including Empire Fintech and especially Jon Zanoff.

I had the chance to participate and speak at a number of events, including at Barclays Rise, alongside Walt Cox (Valley Bank), Amanda Swoverland (Unit), Nick Farrow (Modern Treasury), and Neepa Patel (Themis); at Empire Fintech Conference alongside Cable’s Chief Product Officer Katie Savitz; and with Unit21’s Aditya Vempaty and Alex Faivusovich, Bangor Savings Bank’s Diane Porter, and Modern Treasury’s Jeff Nowicki.

Keep an eye out for some additional podcasts from the events in the coming weeks. Until then, here’s a couple quick shots wrapping up a great week:

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Speaking at Empire Fintech Conference with Cable’s Katie Savitz
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Moderating a panel at Barclays Rise with Amanda Swoverland (Unit), Neepa Patel (Themis), Nick Farrow (Modern Treasury), and Walt Cox (Valley Bank)
Speaking with Unit21’s Aditya Vempaty & Alex Faivusovich, Treasury Prime’s Jeff Nowicki, and Bangor Savings Bank’s Diane Porter