"Financial health is fundamental to overall wellbeing, yet too many people lack access to the tools and knowledge they need to build financial security,"
"This acquisition positions us to meet our audiences where they are, with practical, technology-driven solutions that can transform their financial futures for the better."
"educating people on investing and showing them what is a Roth IRA."
Beast Industries is acquiring Step, a consumer banking app. Step describes itself as an "all-in-one" money app and is a digital banking platform designed to help young people open their first bank accounts. The acquisition is intended to support financial health and provide tools and knowledge for building financial security. Beast Industries was valued at about $5 billion in its latest funding round and is expanding beyond media into new business avenues, including potential mobile phone service. A US trademark application for "MrBeast Financial" was filed, and MrBeast plans to create videos educating people on investing and Roth IRAs.
Read at Business Insider
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