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Top 10 most propped recently  1 month ago '06        #1
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LYTE 175 heat pts175
space
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$16,500 | Props total: 9905 9905
Nas & Will Smith invests in
 

 
NAS AND WILL SMITH DROP INVESTMENT IN NEW TEEN BANKING APP



Thanks to Nas and Will Smith, teenagers all over the world will get the chance to learn about finances in the most fun way possible. According to BusinessWire, Nas and Will Smith are among 11 people in funding found for a finance based app tailored for teenagers called Step.

Step is an all-in-one banking solution that combines basic features and use of checking, savings, credit or debit cards into one bank account that is pretty easy to use. Its simplistic user experience is tailored specifically for young adults. Step co-founder and CEO, CJ MacDonald expressed to BusinessWire that the easy use is apart of their strategy for educating their young users about financial literacy.

“Teens and parents are ready for a seamless mobile banking experience, one meticulously designed for their needs,” said MacDonald. “We’ve partnered with the best in the business to create the right solutions for the next generation. As we move into a cashless era where digital content and transactions fuel our daily lives, the need for innovation in financial services increases. We want Gen Z to be more equipped and educated when it comes to money.”

The app will enable users to seamlessly send and receive money, shop online and in-store, and access to virtual wallets in the likes of Apple Pay and Google Pay. The Step app also comes with a card, appropriately labeled the Step card which also comes with a “fee-free and interest-bearing” bank account. Users are also not required to have a minimum balance and aren’t hit with any hidden or overdraft fees. Parents of account holders will get the chance to monitor their teen’s account and have the opportunity to set limits and guidelines.

Will Smith’s Dreamers fund and Nas, alongside Wndrco, Ronnie Lott, Matt Rutler, Kevin Gould, Noah, and Jonah Goodhart joined existing Step investors Crosslink Capital, Collaborative Fund and Sesame Venture for a total $22.5 Million Series A funding for the project. The funding follows the overflow of Step’s waitlist which exceeded 500,000 since it has been announced."

visit this link http://thesource.com/2019 .. n-banking-app/


Last edited by LYTE; 06-16-2019 at 05:42 AM.. Reason: Inaccurate
+6   



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Top 10 most propped recently  1 month ago '06        #2
LYTE 175 heat pts175 OP
space
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$16,500 | Props total: 9905 9905
Nas been on the money with what he invest in.

Probably not available to public yet
+4   

 1 month ago '04        #3
eazyvaboy 72 heat pts72
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$4,568 | Props total: 16733 16733
Credit card companies ain't gonna like this at all. You cuttin into they available stream of dumb youngstas that will mishandle money and run up credit card debt.

+3   

 1 month ago '15        #4
T-Money 23 heat pts23
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$886 | Props total: 2851 2851
As we move into a cashless era where digital content and transactions fuel our daily lives

 1 month ago '07        #5
Avon_Barksdale 4764 heat pts4764
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$51,957 | Props total: 100906 100906
 LYTE said
NAS AND WILL SMITH DROP INVESTMENT IN NEW TEEN BANKING APP



Thanks to Nas and Will Smith, teenagers all over the world will get the chance to learn about finances in the most fun way possible. According to BusinessWire, Nas and Will Smith are among 11 people in funding found for a finance based app tailored for teenagers called Step.

Step is an all-in-one banking solution that combines basic features and use of checking, savings, credit or debit cards into one bank account that is pretty easy to use. Its simplistic user experience is tailored specifically for young adults. Step co-founder and CEO, CJ MacDonald expressed to BusinessWire that the easy use is apart of their strategy for educating their young users about financial literacy.

“Teens and parents are ready for a seamless mobile banking experience, one meticulously designed for their needs,” said MacDonald. “We’ve partnered with the best in the business to create the right solutions for the next generation. As we move into a cashless era where digital content and transactions fuel our daily lives, the need for innovation in financial services increases. We want Gen Z to be more equipped and educated when it comes to money.”

The app will enable users to seamlessly send and receive money, shop online and in-store, and access to virtual wallets in the likes of Apple Pay and Google Pay. The Step app also comes with a card, appropriately labeled the Step card which also comes with a “fee-free and interest-bearing” bank account. Users are also not required to have a minimum balance and aren’t hit with any hidden or overdraft fees. Parents of account holders will get the chance to monitor their teen’s account and have the opportunity to set limits and guidelines.

Will Smith’s Dreamers fund and Nas, alongside Wndrco, Ronnie Lott, Matt Rutler, Kevin Gould, Noah, and Jonah Goodhart joined existing Step investors Crosslink Capital, Collaborative Fund and Sesame Venture for a total $22.5 Million Series A funding for the project. The funding follows the overflow of Step’s waitlist which exceeded 500,000 since it has been announced."


+1   

Top 10 most propped recently  1 month ago '06        #6
LYTE 175 heat pts175 OP
space
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$16,500 | Props total: 9905 9905
 Avon_Barksdale said
Lml
All I can is lol
Idk where the fucc I got Snoop from
+1   

 1 month ago '07        #7
In Disguise 156 heat pts156
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$8,745 | Props total: 16248 16248
 eazyvaboy said
Credit card companies ain't gonna like this at all. You cuttin into they available stream of dumb youngstas that will mishandle money and run up credit card debt.

Teenagers can’t get credit cards

And really believe my search history is being hacked. My son turns 13 next year. I’m thinking of getting him a bank account and he will be responsible for all his expenses himself.
-2   

 1 month ago '04        #8
eazyvaboy 72 heat pts72
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$4,568 | Props total: 16733 16733
Eighteen is a teenager right?



Freshmen in college are usually the ones getting credit cards and are targeted by credit card companies. Before they know it, they are deep in debt. I have seen it too many times.

 1 month ago '04        #9
Da_realness 9 heat pts
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$2,455 | Props total: 5179 5179
Title says nas and snoop? What kinda sorcery

 1 month ago '05        #10
pnoi89 18 heat pts18
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$13,898 | Props total: 10730 10730
 In Disguise said
Teenagers can’t get credit cards

And really believe my search history is being hacked. My son turns 13 next year. I’m thinking of getting him a bank account and he will be responsible for all his expenses himself.
Got mine at 18.

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