Personalized nutrition startup Zoe — named not for a person but after the Greek word for ‘life’ — has topped up its Series B round with $20M, bringing the total raised to $53M. The latest close of the B round was led by Ahren Innovation Capital, which the startup notes counts two Nobel laureates as […] …
Step, a mobile banking service targeted at teenagers, revealed this morning it has raised $50 million in Series B financing after growing to over 500,000 users just 2 months after its official launch. The round was led by Coatue, with returning investors from Stripe, Crosslink Capital, Collaborative Fund and Will Smith’s Dreamers VC. The startup […] “As a Step partner and customer, I’ve been able to see firsthand how simple Action makes it to manage your money while supplying the academic resources that today’s teenagers require however have actually largely been unable to discover– myself consisted of,” stated D’Amelio, in a statement. Contending in the now-crowded area of mobile banking services, which replace standard banks with an app on your phone, Step’s entry point to the market is different from many. Action offers teenagers $3 (it utilized to be simply $1) for every pal that signs up under their referral. In the near-term, Action plans to utilize its recently partnered celebrities to assist spread out the word about mobile banking and monetary responsibility throughout social media, and is employing throughout the board in the face of its fast development. …
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