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
October 11, 2022
Total raised $476.3M across 5 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series C
Date
April 27, 2021
Amount
$100M
Valuation
$0.92B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| October 11, 2022 | Debt | $300M | — | TriplePoint Capital, Evolve Bank & Trust |
| April 27, 2021 | Series C | $100M | $0.92B | General Catalyst |
| December 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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