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Latest Step News & Updates

See the latest news and media coverage for Step. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Step

Financial technology app for banking, credit, and investing

step.com
Headquarters
Palo Alto, United States
Company type
Private company
Number of employees
200–300
Industry
Financial Technology (Fintech)

Last updated

Latest news about Step

In short: Step was acquired by Beast Industries, drawing Elizabeth Warren’s questions about its teen banking app

Company announcements

Step

Beast Industries acquires Step

The acquisition integrates Step's fintech platform into Beast Industries' global creator platform to enhance financial literacy and wellness. Announced February 9, 2026.

Step

Step launches affordable mobile plans

Plans start at $15/month on AT&T network, save up to $600/year, and build credit for Gen Z. Available exclusively to Step customers.

Step

Step launches Step Black rewards card

It offers up to 8% cash back, over $500 in perks, and builds credit without a credit check. Now available after a 100,000-person waitlist.

Step

Step secures $300 million funding

It accelerates growth, launches crypto investing for teens with parental consent, and unveils Money 101 financial literacy program. Stocks are coming soon.

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Media coverage

Yahoo Finance

Step Launches Modern Mobile Plans to Empower Gen Z's Independence and Financial Growth Starting at $15 a Month

PALO ALTO, Calif., May 15, 2025--(BUSINESS WIRE)--Step, the financial technology company on a mission to improve the financial future of the next generation, today announced...

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