What MrBeast’s Deal for Step Shows About Supporting Clients’ Kids
Beast Industries enters financial services by acquiring Step, a youth fintech app with 7 million users and $500 million in funding, aiming to boost financial literacy.
3 Articles
3 Articles
What MrBeast’s Deal for Step Shows About Supporting Clients’ Kids
Time to go beast mode. Internet personality Jimmy “MrBeast” Donaldson and Beast Industries announced this week their acquisition of Step, a banking and investing fintech platform designed for teens and young adults. The deal highlights how today’s young people are saving and investing earlier than previous generations, but significant financial literacy gaps remain. Many don’t know where to start, and that’s creating an opportunity for financial…
Beast Industries has acquired Step to help teens and young adults develop practical skills in money management through mobile banking and financial education. The Beast Industries article buys Step to expand its Fintech services to teens first appeared on Cointribute.
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