Current is a U.S. neobank app operated by Finco Services, Inc. (d/b/a Current), a privately held, venture-funded fintech (its own press page cites a Tiger Global-led Series C round). Current is not itself a bank; deposit accounts and its Visa debit card are issued through partner banks Choice Financial Group and/or Cross River Bank. Current's own privacy policy discloses broad data categories tied to identity (geolocation, biometric data via identity-verification partners, employment information via marketing partners) and lists routine sharing with affiliates, joint-marketing partners, ad networks, data brokers, and data aggregators such as Plaid, while also self-declaring a CCPA/state 'sell or share' designation with an opt-out. The App Store privacy label confirms data linked to identity (location, contact info, identifiers, usage data, diagnostics) and identifiers/usage data used for cross-app tracking, and flags the app as containing advertising. No CFPB enforcement action, FTC settlement, or data breach involving Finco Services/Current was found in the regulator sources checked; the company maintains a public Vulnerability Disclosure page, though its policy text is rendered client-side and was not captured in this review.
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The Current app's App Store privacy label discloses that Location, Contact Info, Identifiers, Usage Data, and Diagnostics are all collected and linked to the user's identity.
Current's privacy policy discloses in its data-sharing table that Biometric Information is collected with Bank Partners and identity-verification partners, Online Activity and Employment Information are collected with the Bank Partners and marketing partners, and Geolocation Data and Sensory Information are collected with the Bank Partners — categories that go beyond standard account/transaction data.
Current's own about page discloses that it is not itself a bank: banking services and its Visa debit card are provided through partner banks Choice Financial Group and/or Cross River Bank, both FDIC members.
Current's own press page discloses a Tiger Global-led Series C funding round of $131 million, evidencing private venture-capital ownership rather than public-market or bank-holding-company structure.
Current's privacy policy lists the categories of third parties with which personal information is shared, including affiliates, vendors, joint-marketing partners, online advertising networks, data analytics providers, government entities, data brokers, and data aggregators such as Plaid; the policy separately states that, under CCPA and comparable state privacy laws, data collected via advertising/analytics on its online services may constitute a 'sale' or 'share' subject to a consumer opt-out, even though a general policy clause states Current does not rent, sell, or share information without permission.
Current maintains a dedicated public page titled 'Vulnerability Disclosure' (linked in site navigation under Help), indicating a channel exists for reporting security issues; the underlying policy text is rendered client-side and was not captured in this fetch, so its scope and safe-harbor terms could not be verified. No CFPB enforcement action, FTC settlement, or data-breach notice naming Finco Services, Inc. or Current was found in the CFPB enforcement-actions listing or an FTC site search performed for this dossier.
The Current app's App Store privacy label discloses that Identifiers and Usage Data may be used to track the user across apps and websites owned by other companies, and separately flags the listing as containing advertising.
Current's privacy policy states that when users access its online services, it lets advertising and analytics providers collect IP addresses, cookie IDs, advertising IDs, and other unique identifiers alongside device/usage data and interactions with ads, with opt-out routed through industry programs (DAA, NAI, TrustArc) rather than an in-app toggle.