Step
Step is a U.S. money app built for teens and families. It offers a no-fee account and a Visa card. Its bank accounts are held at Evolve Bank & Trust. MrBeast's company, Beast Industries, announced that it had acquired Step.
Who it reaches
Teens and their families in the United States, with a no-fee account and a Visa card.
Step funding rounds
| Date | Round | Amount |
|---|---|---|
| Jun 6, 2019 | Series A | $22.5 million |
Key facts
- Series C
- $100M Series C led by General Catalystsource
- Total raised
- Over $175 million, per its Series C announcementsource
- Users
- 7M+ userssource
- Sponsor bank
- Step's bank accounts are FDIC insured through its sponsor bank, Evolve Bank & Trustsource
- Acquisition
- MrBeast's company, Beast Industries, announced that it has acquired Stepsource
WYDE coverage of Step
WYDE Newsroom has published 2 articles about Step, from Feb 21, 2026 to Feb 28, 2026. Step is the subject of 2 stories. The most recent is Tether Invests in Whop as MrBeast's Bank Acquisition Reshapes the Creator Payment Layer.
Tether Invests in Whop as MrBeast's Bank Acquisition Reshapes the Creator Payment Layer
The race to own the creator-to-consumer payment layer is accelerating.
Feb 28, 2026 · 2 min read · Subject of the story
WYDE WeeklySNAP Cuts Hit. MrBeast Bought a Bank. We're Launching One Too.
Bank partner finalizing. Creator economy building. Fund deployment next week.
Feb 21, 2026 · 7 min read · Subject of the story
Reported alongside Step
- Beast Industries · in 2 stories with Step
- MrBeast · in 2 stories with Step
- Second Harvest Food Bank of Orange County · in 1 story with Step
- Tether · in 1 story with Step
- Whop · in 1 story with Step
- Paolo Ardoino · in 1 story with Step
- Steven Schwartz · in 1 story with Step
Sources
Track the institutions that move money.
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