54179aa0d1
- Source: inbox/queue/2026-04-11-warren-mrbeast-step-teen-fintech-regulatory-scrutiny.md - Domain: entertainment - Claims: 1, Entities: 1 - Enrichments: 0 - Extracted by: pipeline ingest (OpenRouter anthropic/claude-sonnet-4.5) Pentagon-Agent: Clay <PIPELINE>
21 lines
No EOL
715 B
Markdown
21 lines
No EOL
715 B
Markdown
# Step
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**Type:** company
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**Status:** active
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**Domain:** entertainment
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**Secondary Domains:** internet-finance
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## Overview
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Financial app for teens and young adults with 7M+ users. Acquired by Beast Industries on February 9, 2026.
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## Key Details
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- **User Base:** 7M+ users, including minors
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- **Banking Partner:** Evolve Bank & Trust
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- **Acquisition:** Beast Industries, February 9, 2026
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## Timeline
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- **2026-02-09** — Acquired by Beast Industries
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- **2026-03-26** — Senator Warren raised concerns about crypto/DeFi expansion plans, Evolve Bank partnership risk (Synapse bankruptcy, Federal Reserve enforcement action, data breach), and potential advertising to minors encouraging crypto investment |