Step Launches No Fee Banking App For Teens
Step, a U.S.-based fintech startup built for teens and families, announced on Wednesday its official launch, offering a free FDIC insured bank account and Visa card. Step explained that through its app, it offers an all-in-one banking solution with a new type of personalized card that has no interest or fees and helps teens build positive credit.
Step further revealed that over the summer it began piloting the app with friends and family, experiencing overwhelming interest for this new type of no-fee, all-in-one banking solution.