YouTube star MrBeast, who is extremely popular with high school and early college age people, has acquired a financial services app called Step. The app lets young people open savings, spending and investment accounts and issues them a secured card that draws on their deposits like a debit card. The idea is that the system helps young people build their credit early in life so it’s available to them when they need it. The system will also allow teenagers to invest in the extremely volatile crypto currency market. MrBeast’s company, Beast Industries, has received a $200 million investment from Bitmine Immersion Technologies.
