It's an attempt to increase financial inclusion through challenger banking, and fighting systemic wealth inequality.

Stuart Sopp says they have created a different way to bank that looks out for those living from paycheck to paycheck in the US.

Normal incentives - interest rates - don't work for people who live paycheck-to-paycheck.

"The Current Core, our custom-built banking technology, makes this possible by providing greater stability, faster money and cost efficiencies that we pass on to our community of members."