teleo-codex/entities/entertainment/step.md
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clay: extract claims from 2026-03-26-banking-dive-beast-industries-evolve-warren-regulatory
- 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>
2026-04-22 07:35:35 +00:00

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