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Nas and Will Smith are help teenagers get the chance to learn about finances. Nas and Will Smith will help fund a finance based app 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 easy to use. Tailored specifically for young teens.
The app will enable users to send and receive money, shop online and in store and access to virtual wallets like Apple Pay and Google Pay. The Step app also comes with a card. Users are 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.