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Synopsis
Beast Industries, a multifaceted entertainment, consumer products, and CPG company founded and led by YouTube creator Jimmy Donaldson, better known as MrBeast, completed the acquisition of Step, a financial technology company that provides digital banking and financial literacy tools specifically designed for teenagers and young adults. Financial terms were not disclosed. "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," Jeff Housenbold, Beast Industries CEO.
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