Relief money has been pouring in from a lot of directions amid the COVID-19 pandemic—from government stimulus packages to loans and donations from larger companies. One problem that has been highlighted amid all this transfer of funds is the inefficiency of delivery. Companies that have been primarily digital, however, have been capable of expediting this process.
Current is "focused on banking 'essential workers' living paycheck-to-paycheck." The service issues account and routing numbers instantly to those who sign up. In the month of April, it received stimulus checks for some of its 10,000 users and it was able to make those funds available to them almost instantaneously. The estimation is that its service is "up to two days faster than a traditional bank."
Image Credit: Shutterstock