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#MrBeastAcquiresStep
✨YouTube king MrBeast (Jimmy Donaldson) has made a huge move! His company, Beast Industries, has acquired Step, a popular fintech app for young people.
🔸Step is an “all-in-one” money management app that caters to over 7 million young people:
🔸Free bank account
🔸Visa card with credit creation feature
🔸Early pay
🔸Savings and investment tools
🔹The purchase price was not disclosed, but it is known that Step previously raised $500 million in funding and was valued at $900 million+ in 2021. Thanks to MrBeast’s more than 460 million subscribers, this move has the potential to bring financial literacy to millions of young people.
🔹MrBeast’s statement is very clear:
“Nobody taught me about investing, building credit, or managing money when I was young. I want to give millions of young people the financial foundation I never had.”
🔹Beast Industries CEO Jeff Housenbold said:
“With this acquisition, we will offer technology solutions that will meet our audiences wherever they are and strengthen their long-term financial outcomes.”
🔹After this move, which dropped like a bomb on the fintech world, could the money management of the younger generation completely change? 👀
🤔 Do you think MrBeast will dominate the financial world as well?
✨YouTube king MrBeast (Jimmy Donaldson) has made a huge move! His company, Beast Industries, has acquired Step, a popular fintech app for young people.
🔸Step is an “all-in-one” money management app that caters to over 7 million young people:
🔸Free bank account
🔸Visa card with credit creation feature
🔸Early pay
🔸Savings and investment tools
🔹The purchase price was not disclosed, but it is known that Step previously raised $500 million in funding and was valued at $900 million+ in 2021. Thanks to MrBeast’s more than 460 million subscribers, this move has the potential to bring financial literacy to millions of young people.
🔹MrBeast’s statement is very clear:
“Nobody taught me about investing, building credit, or managing money when I was young. I want to give millions of young people the financial foundation I never had.”
🔹Beast Industries CEO Jeff Housenbold said:
“With this acquisition, we will offer technology solutions that will meet our audiences wherever they are and strengthen their long-term financial outcomes.”
🔹After this move, which dropped like a bomb on the fintech world, could the money management of the younger generation completely change? 👀
🤔 Do you think MrBeast will dominate the financial world as well?