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Participating tech investors included executives from Facebook, Square, Venmo, Visa and others. Step customers get a bank account that is insured by the FDIC, as well as a secured spending card backed by Visa and the P2P payments platform. To date, Step has raised more than $75 million from investors, including $22.5
Encourage independence & financialliteracy : Managing their own accounts can foster a sense of independence and self-reliance while providing needed financial skills for adult life Provides ready funds for emergencies : Parents can allocate specific amounts for emergencies, ensuring access to funds when needed.
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