Step Mobile

Acquired

Banking for the next generation

San Francisco, United States · Founded 2018 · $352.0M raised

Employees
201–500
Founded
2018
Business Model
B2C
Website
step.com
Total Funding
$352.0M
Last Round
$50.0M Series BJun 2026
Rounds
8
Acquisition Date
Feb 2026

About

Step is a mobile-first financial platform designed for teens and Gen Z, offering fee-free banking, a secured Visa card that builds credit, 3% savings rewards, up to 10% cashback, early paycheck access, and stock investing. Banking services are provided by Evolve Bank & Trust (FDIC-insured), with investing powered by DriveWealth. Acquired by Beast Industries (MrBeast) in February 2026.

Summary

Step Mobile is a Fintech company based in San Francisco, United States, founded in 2018. It has raised $352.0M in total across 8 rounds, most recently a $50.0M Series B round in Jun 2026. Investors include Stripe, Coatue Management and General Catalyst.

Tech & App Stack

5 technologies & apps tracked

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Funding History

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Series BSeries BJun 2026
$50.0M

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Seed through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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