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Teen banking service Step raises $50M, adds TikTok star Charli D’Amelio to investor list

TechCrunch

Step , a mobile banking service aimed at teens , announced this morning it has raised $50 million in Series B funding after growing to over 500,000 users only two months after its official launch. To date, Step has raised over $75 million. million and 34.4 million followers, respectively.

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FamPay, a fintech aimed at teens in India, raises $38 million

TechCrunch

Bangalore-based FamPay said on Wednesday it has raised $38 million in its Series A round led by Elevation Capital. TechCrunch reported early this month that FamPay was in talks with Elevation Capital to raise a new round. TechCrunch reported early this month that FamPay was in talks with Elevation Capital to raise a new round.

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Kaszek leads Z1’s latest round as it develops its bank app aimed at LatAm teens

TechCrunch

Since the last raise in April, the company’s revenue grew 26 times and continues to do so at almost 40% per month, CEO Thompson said via email. Homebrew leads Z1’s effort to bring digital banking to Latin America’s teens. Z1 also grew its customer base by eight times during the same time at a rate of 30% per month.

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Networked and Hyperconnected: The New Social (and work) Operating System

Beth's Blog: How Nonprofits Can Use Social Media

The presentation looks at how younger generations are always connected and are multi-taskers who count on the Internet as their external brain and approach problems in a different way from older generations. It raises the question (unanswered) whether this is a good or bad thing. The study and presentation begins with some context.

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Non-Traditional Giving Days for Your Next Fundraiser

The Modern Nonprofit

Apart from raising emergency funds, many nonprofits rely on #GivingTuesday and end-of-year giving to generate the bulk of their individual donations. Fundraisers that launch on a holiday can be playful and upbeat and are a great opportunity to raise general funds. There’s a certain yearly cadence to nonprofit fundraising.

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Even decacorns have their challenges

TechCrunch

Side note: Brex aside, it still blows my journalist mind that companies in general can raise hundreds of millions of dollars in funding and yet not be profitable. We’ve also covered similar platforms such as Landa , Nada and Arrived Homes , all of which have raised new funding in 2022. Oh look, TripActions raised at a $9.2B

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MathAndCoding Turns the Library into a Coding Classroom (Part 2)

Tech Soup

In part 1 of this series, we introduced MathAndCoding , a nonprofit that offers teen-led programming classes for children in public libraries in the Silicon Valley area. Bricker says that there is also another benefit, perhaps an unplanned one, to having teen volunteers. like Texas, where one instructor will be heading to college.

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