What is StepEx?
Founded in 2017 and headquartered in London, England, StepEx is an award-winning, FCA-authorised financial institution. The company was established to broaden access to finance for individuals seeking to invest in their professional development. Recognizing a gap in the market where many lacked the capital for self-investment, StepEx collaborated with finance leaders and the UK's financial regulator to pioneer an innovative educational financing model. This approach prioritizes future potential over past performance, aiming to provide equitable opportunities for all.
How much funding has StepEx raised?
StepEx has raised a total of $1.5M across 1 funding round:
Angel/Seed
$1.5M
Angel/Seed (2021): $1.5M with participation from Chris Adelsbach, BBVA Anthemis Venture Partnership, and TriplePoint Venture Growth BDC
Key Investors in StepEx
Chris Adelsbach
An individual investor who participated in the Angel/Seed funding round, likely bringing expertise in early-stage ventures.
BBVA Anthemis Venture Partnership
A venture partnership that invested in StepEx's early-stage financing, suggesting a focus on innovative financial technology solutions.
TriplePoint Venture Growth BDC
TriplePoint Venture Growth BDC, a firm specializing in providing financing to venture growth stage companies, likely sees StepEx as a promising investment in the education finance sector.
What's next for StepEx?
The recent major strategic investment signals a pivotal growth phase for StepEx. This capital infusion is expected to fuel further development of its unique educational financing platform, potentially expanding its reach and enhancing its service offerings. The company's focus on democratizing access to finance for professional growth positions it for continued expansion and impact within the fintech landscape.
See full StepEx company page
