Step Mobile
A next generation financial services company building the best banking experience to help teens and young adults achieve financial independence and knowledge at an earlier age.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | $300m | Debt | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 115 % | 38 % | 68 % | 5 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Step.com is a financial technology (fintech) startup that offers a range of banking services aimed at helping individuals, particularly those under 18, build a positive credit history. The company operates in the fintech market, serving clients who are looking for accessible and user-friendly banking solutions.
Step.com's services are powered by Visa, providing users with built-in fraud protection and a Zero Liability guarantee for unauthorized charges. This means that users are not held responsible for unauthorized transactions on their accounts. The banking services are provided by Evolve Bank & Trust, ensuring that users' funds are FDIC-insured up to $1,000,000.
One of the key features of Step.com is its Credit Building Card. This secured Visa Card allows users to build a positive credit history, even before they turn 18. The company also offers a savings account with a 5.00% interest rate, provided users make a qualifying direct deposit.
Step.com also offers the opportunity to buy fractional shares of stocks, ETFs, and bitcoin with as little as $1, without any stock commission fees. This feature makes investing accessible to a wider audience, including those with limited funds.
The company makes money through a subscription model, with users paying $99 per year for the services. Additionally, Step.com earns revenue through interest on deposits and transaction fees.
In summary, Step.com is a fintech startup that provides accessible and user-friendly banking solutions, with a focus on helping individuals build a positive credit history.
Keywords: Fintech, Credit Building, Visa, Fraud Protection, Zero Liability, FDIC-insured, Savings Account, Stock Investment, Subscription Model, Transaction Fees.