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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>
621 B
621 B
Step
Type: Teen-focused fintech app
Status: Acquired by Beast Industries (February 2026)
Domain: entertainment
Tags: fintech, creator-economy, teen-banking
Overview
Step is a 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
- Stephen Curry
- Charli D'Amelio
- Justin Timberlake
- Will Smith
Timeline
- 2026-02-09 — Acquired by Beast Industries
- 2026-03 — Senator Warren letter raises concerns about Evolve Bank partnership compliance history