Gyft

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

Retrieved on: 
Tuesday, April 27, 2021
Professional services, Family, Consumer, Teens, Finance, Banking, Gyft, Stripe, Jeffrey Katzenberg, The Walt Disney Company, Businesspeople, Articles, Step, General Catalyst, Step, GENERAL CATALYST

b'Step , the new modern-day financial services company built for teens and families, today announced a $100 million Series C round of funding.

Key Points: 
  • b'Step , the new modern-day financial services company built for teens and families, today announced a $100 million Series C round of funding.
  • The round was led by General Catalyst, with participation from returning investors Coatue, Stripe, Charli D\xe2\x80\x99Amelio, The Chainsmokers, Will Smith and Jeffrey Katzenberg.
  • The company regularly publishes content on its website to arm parents with the tools they need to tackle these important discussions.
  • The founding team has 50+ years in combined financial technology experience from companies like First Data, Google, Gyft and Square.