Step news and trends

Zero Hash Tapped for Step’s Teen Crypto Platform
Partnerships // April 12, 2022

Zero Hash has been selected to help operate a cryptocurrency product for Step, a financial platform targeting “the next generation.” A press release noted that this product will allow both teens under 18 and young adults to buy, sell, hold and receive cryptocurrency, and they’ll...

Forward-Thinking Financial Services Target The Next Generation 
Financial Inclusion // April 28, 2021

Historically speaking, we haven’t thought too much about the financial habits of people under the age of 18, because kids aren’t legally allowed to be part of the financial system. A minor can open a bank account with their parent as a co-owner, but like...

Today In Digital-First Banking: Current Raises $220 Million; Step Lands $100 Million
Digital Banking // April 27, 2021

In today’s top news in digital-first banking, Current raised $220 million in an Andreessen Horowitz-led Series D investment round, while Step has raised $100 million in Series C funding. Plus, Barclays is working with Amount to provide point-of-sale financing options. Neobank Current Notches $220 Million...

Teen Banking Startup Step Takes In $100 Million In Series C Funding
Fintech Investments // April 27, 2021

Step has raised $100 million in Series C funding, the FinTech banking startup said in a news release on Tuesday (April 27). According to the company, its valuation has more than tripled in less than five months to just under $1 billion. Led by General...

Interviews & Exclusives
FinTech Step Aims To Create The Concept Of ‘Family Banking’

December 23, 2020
We’ve all heard the horror stories. The 6-year-old who get his hands on Mom’s iPad and manages to rack up $16,000 worth of credit charges for online gaming. The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. These aren’t bad kids […]

Quick Reads
Youth-Focused Finance Platform Step Raises $300M

October 11, 2022
Step, a financial platform aimed at teens and young adults, has raised $300 million in debt funding, bringing the company’s total raised capital to $500 million. “With this new round of funding, Step will accelerate investments in product infrastructure and continue to bring ground-breaking financial products to the next generation,” the company said in a […]

Zero Hash Tapped for Step’s Teen Crypto Platform

April 12, 2022
Zero Hash has been selected to help operate a cryptocurrency product for Step, a financial platform targeting “the next generation.” A press release noted that this product will allow both...

Teen Banking Startup Step Takes In $100 Million In Series C Funding

April 27, 2021
Step has raised $100 million in Series C funding, the FinTech banking startup said in a news release on Tuesday (April 27). According to the company, its valuation has more...

Teen Banking Firm Step Logs Over One Million Users

February 25, 2021
Teen banking firm Step announced on Thurs. (Feb. 25) that it has amassed over 1 million users since its launch four months ago. Step offers financial tools to teens under age...