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Efosa Udinmwen

'I want to give millions of young people the financial foundation I never had': MrBeast buys a financial planning app for young people, but all we can ask is - why?

Creator, Entrepreneur and Philanthropist Jimmy Donaldson, also known as MrBeast, speaks onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City.

  • MrBeast buys Step to teach teens how to save, spend, and invest
  • Step offers a Visa card and basic banking without monthly fees
  • The acquisition gives Beast Industries a fintech team and seven million users
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