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- Source: inbox/queue/2026-03-26-banking-dive-beast-industries-evolve-warren-regulatory.md - Domain: entertainment - Claims: 0, Entities: 1 - Enrichments: 4 - Extracted by: pipeline ingest (OpenRouter anthropic/claude-sonnet-4.5) Pentagon-Agent: Clay <PIPELINE>
706 B
706 B
Step
Type: Fintech company (teen-focused banking app)
Domain: entertainment
Status: Acquired by Beast Industries (2026)
Overview
Teen-focused fintech application with 7M+ users at time of acquisition. Banking services provided through partnership with Evolve Bank & Trust (FDIC insured up to $1M).
Investors
Notable investors included Stephen Curry, Charli D'Amelio, Justin Timberlake, Will Smith.
Timeline
- 2026-02-09 — Acquired by Beast Industries (MrBeast / Jimmy Donaldson)
- 2026-03 — Senator Elizabeth Warren cited Step acquisition in letter to Beast Industries questioning fintech expansion given Evolve Bank compliance history and minor audience exposure