Company
Date Published
Author
Jeff Cotrupe
Word count
1686
Language
English
Hacker News points
None

Summary

Current is a U.S. challenger bank that aims to make financial services accessible and affordable for all Americans, regardless of age or income level. Current uses MongoDB Atlas on Google Cloud to build its ledgering system, which provides a modern database solution to drive a transformational approach to banking. The company's goal is to break through legacy systems and mindsets to create amazing customer experiences. By using MongoDB, Current can simplify customers' lives and obtain the best overall outcomes for them. The company has seen significant success with its new platform, including 500% year-over-year revenue growth, doubled member base in less than six months, and improved customer experiences through features such as paychecks paid up to two days faster and free overdrafts. Current's use of MongoDB Atlas on Google Cloud is key to its success, providing a scalable, efficient way to optimize the success of its new application.