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Step is a cellular app that gives teens with an FDIC-insured checking account and a Visa card with no charges, in line with the corporate. It permits dad and mom to set tips for their youngsters’s spending, and customers can ship and obtain cash. The firm says there is no minimal stability.
Step says it added a number of different movie star buyers, together with Justin Timberlake and Eli Manning, in its newest funding spherical. “Prominent fintech executives from the likes of Facebook, Square, Venmo and Visa” additionally pitched in, in line with a press launch.
D’Amelio’s big social media fan base is a part of a key demographic for Step. The dancer, who’s endorsed the app on her accounts, boasts 100 million followers on TikTok, 34.5 million on Instagram and 4.9 million on Twitter.
D’Amelio took off on TikTok in July 2019, and has since appeared in a 2020 Super Bowl industrial and carried out in a Jennifer Lopez music video.
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