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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>
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621 B
Markdown
19 lines
No EOL
621 B
Markdown
# Step
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**Type:** Teen-focused fintech app
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**Status:** Acquired by Beast Industries (February 2026)
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**Domain:** entertainment
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**Tags:** fintech, creator-economy, teen-banking
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## Overview
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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).
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## Investors
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- Stephen Curry
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- Charli D'Amelio
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- Justin Timberlake
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- Will Smith
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## Timeline
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- **2026-02-09** — Acquired by Beast Industries
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- **2026-03** — Senator Warren letter raises concerns about Evolve Bank partnership compliance history |