Press and News: Smiling girl

Straight from the source

Get the latest news about Step, the modern-day financial services company built for teens and families.

CJ MacDonald

A note from our CEO

“Today’s teens grew up in the online world with technology serving as an integral part of their daily lives. Our mission is to improve the financial future of the next generation by offering an all-in-one banking solution to help them achieve financial independence at an earlier age.”

CJ MacDonald
Step Founder & CEO

Announcements

Stock Launch — Step launches stock investing, hits 4 million accounts and wins Nasdaq fintech trailblazer contest

Crypto Investing Image — Step secures an additional $300 million, launches crypto investing and a financial literacy program

Caleb Yellow Chair cover photo Press release — Step announces exclusive partnership with Caleb McLaughlin

Step-FastCompany-PressRelease-cover — Step named to Fast Company’s list of the World’s Most Innovative Companies for 2022

StepFest PR cover — Introducing StepFest: Bringing financial literacy to schools nationwide

Introducing Step Savings Goals & Instant Cash Deposits

Kyle “Bugha” Giersdorf with a levitating Step Card — Step announces exclusive partnership with Fortnite World Cup Champion, Bugha

Step Visa Cards — Step adds two fintech heavyweights to its executive team

Step raises $100 million in Series C funding & surpasses 1.5 million users after less than six months in market

97% of teens say financial literacy is important

Step surpasses one million users in less than four months

Step founders, CJ MacDonald and Alexey Kalinichenko — Step raises $50 million in Series B funding following massive consumer demand from its recent launch

In the news

BC-Step — Step Sets Children Up for Success With Card and Financial Products That Build Credit and Savings

Screen Shot 2022-10-11 at 9.34.11 AM — Charli D’Amelio-endorsed fintech Step borrows $300M to bring crypto to teens

Screen Shot 2022-10-13 at 10.47.54 AM — Step's $300 million debt round

Group of kids walking — Step secures $300M, launches crypto investing and a financial literacy program

PYMNTS — Youth-Focused Finance Platform Step Raises $300M

Gen Z Teens Exceed Past Generations in Financial Literacy

Group of very happy teens smiling — The Start-Up Enemies of Wall Street Are Booming

Teen banking app Step reaches 1 million users

Banks are turning to TikTok to teach teens about finance

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

Two very happy smiling teenage girls — Teen banking service Step raises $50M, adds TikTok star Charli D’Amelio to investor list

Hand holding a Step Visa Card — Will Smith, Justin Timberlake among investors in digital bank Step

Media inquiries

For media inquiries, please email press@step.com.

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Step is a financial technology company, not a bank. Banking services provided by Evolve Bank & Trust, Member FDIC. The Step Visa Card is issued by Evolve Bank & Trust pursuant to a license from Visa U.S.A., Inc. Visa is a registered trademark of Visa International Service Association.

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