Step is a mobile-first banking platform built for teens and young adults, offering no-fee banking services, a Visa debit card, and credit-building tools. The app enables users aged 13-18 to open accounts with adult sponsorship, manage money, build credit history, and access financial education with no hidden fees or account minimums.
Step (Financial Software) has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2014
Total Funding
$476.3M
5 rounds
Latest Valuation
$0.92B
Apr 27, 2021
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $476.3M across 5 rounds
Last updated 06-25-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Oct 11, 2022 | Debt TechCrunch | $300M | — | TriplePoint Capital, Evolve Bank & Trust |
| Apr 27, 2021 | Series C TechCrunch | $100M | $0.92B | General Catalyst |
| Dec 2020 | Series B | $50M | — | Coatue Management |
CJ MacDonald
Founder & CEO
Alexey Kalinichenko
Co-Founder & CTO
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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