Stripe has reinvested in the teenager-focused digital banking services provider, which also counts Sesame Workshop and WndrCo as existing backers.
Step, the US-based operator of a digital banking platform for teenagers, pulled in $100m on Tuesday through a series C round backed by digital payment technology provider Stripe.
Venture capital firm General Catalyst led the round, which also featured Coatue Management and Franklin Templeton as well as private investors Charli D’Amelio, Will Smith, The Chainsmokers, Jeffrey Katzenberg, Jared Leto and Stephen Curry.
Step provides digital banking services for teenagers and their families that include an insured bank account, spending card…
