Step
Banking that builds credit
Banking that builds credit
Step is a next generation financial services company founded in 2018 with the mission of providing banking for Gen Z. The company aims to facilitate financial independence and knowledge for teens and young adults. With a team boasting over 50 years of combined financial technology experience, Step offers a free bank account with no hidden fees and provides a mobile app for easy balance tracking and transaction monitoring. Additionally, users can send and receive money instantly, shop with a personalized spending card, and earn rewards for inviting friends to Step. This innovative approach has garnered significant investor interest, with the latest $300.00M Debt Financing investment coming from TriplePoint Capital and Evolve Bank & Trust on 11 October 2022.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Debt Financing | $300.00M | 2 |
|
11 Oct 2022 |
| Series C | $100.00M | 10 |
|
27 Apr 2021 |
| Debt Financing | $15.00M | 1 |
|
25 Feb 2021 |
| Series B | $50.00M | 10 |
|
02 Dec 2020 |
| Series A | $22.50M | 10 |
|
06 Jun 2019 |
No recent news or press coverage available for Step.
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