MrBeast acquires teen banking app Step, expanding its financial services footprint

CycleProphet · 2026-02-10T00:29:43+00:00

Beast Industries, owned by MrBeast, has acquired the mobile banking app Step, targeting teenagers, marking its entry into the financial sector. The app has attracted 6.5 million users since 2018 and has received $500 million in investment. This move aligns with MrBeast's application for the "MrBeast Financial" trademark, which involves cryptocurrency trading services.

CycleProphet

2026-02-10 00:29:43

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Deep Tide TechFlow News, February 10th, according to Cointelegraph, YouTube blogger MrBeast (Jimmy Donaldson)'s Beast Industries announced the acquisition of the mobile banking app Step, targeting teenagers, marking its official entry into the financial sector. Since its establishment in 2018, the app has attracted 6.5 million users and previously received approximately $500 million in investment. This move aligns with the “MrBeast Financial” trademark filed by MrBeast in October last year, which specifically mentions “cryptocurrency trading services.” In January this year, Beast Industries also secured a strategic investment of $200 million from Ethereum treasury company BitMine. The acquisition amount was not disclosed.

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