Step Raises $100 Million in Series C Funding & Surpasses 1.5 Million Users After Less Than Six Months in Market

28 Apr, 2021

Step Raises $100 Million in Series C Funding & Surpasses 1.5 Million Users After Less Than Six Months in Market
Photo by Uneebo Office Design on Unsplash

– Step, the new modern-day financial services company built for teens and families, today announced a $100m Series C round of funding.
– The round was led by General Catalyst, with participation from returning investors Coatue, Stripe, Charli D’Amelio, The Chainsmokers, Will Smith and Jeffrey Katzenberg.
– Step also welcomed Jared Leto and Franklin Templeton to the round and formally announced NBA All-Star Stephen Curry as an investor, who has supported the company from the early days.
– These investors join a prominent group that includes the likes of Alex Rodriguez, Justin Timberlake, Josh Richards and former Square executives Sarah Friar, Jacqueline Reses and Gokul Rajaram.

Finance Financial Services FinTech North America
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