Tagged: moneylion

MoneyLion to Acquire Even Financial Inc, an Embedded Finance Marketplace

MoneyLion Inc. (NYSE: ML), the digital financial platform, has announced that it has agreed to acquire Even Financial Inc., the embedded finance marketplace, in order to “accelerate its mission of providing financial access and advice to hardworking Americans.” The transaction provides for total consideration to… Read More

MALKA Acquisition to Drive MoneyLion Customer Engagement Strategy

MoneyLion, a data-driven, digital financial platform, recently acquired MALKA Media Group, a creator network and content platform. The acquisition helps MoneyLion engage with consumers across all digital and emerging channels, both inside and outside its platform. “This transaction is the evolution of a successful four-year… Read More

Shares in MoneyLion to Trade on NYSE on September 23rd as SPAC Deal Approved

MoneyLion Inc., a neo-bank Fintech that reports over 2.8 users and an annualized net revenue run-rate of over $150 million, will commence trading on the New York Stock Exchange tomorrow (September 23, 2021) as the SPAC deal is approved. Following a special meeting yesterday of… Read More

MoneyLion SPAC Deal Moves Forward, Will Trade on NYSE Under Ticker ML

MoneyLion, a neobank that announced a SPAC deal earlier this year, is moving closer to becoming a publicly-traded company. According to a release, the S-4 registration statement has become effective. A special meeting of Fusion Acquisition Corp. (NYSE: FUSE), the SPAC sponsor, on the 21st… Read More

MoneyLion Joins Forces With NFP to Provide Nationwide Insurance & Financial Wellness Offerings to Members

  MoneyLion, a U.S.-based consumer digital finance platform, announced on Thursday it has teamed up with insurance broker NFP to provide its members with direct access to insurance and financial wellness offerings. MoneyLion reported that the offerings are to help its members support their financial… Read More

Brendan Carroll from Chicago’s Victory Park Capital Says Banks and Fintechs Can Operate Effectively in New Business Environment

In early 2020, Opportunity Financial began evaluating whether it should go public. The online lending platform was interested in shifting focus away from the installment loan business to various other financial products (in order to improve its company profile). Jared Kaplan, CEO of the Chicago-based… Read More

Fintech MoneyLion to Float by SPAC via Fusion Acquisition

MoneyLion, a digital banking Fintech, is the next company to go public via a special acquisition company (SPAC). The deal was announced last Friday where MoneyLion will merge with Fusion Acquisition (NYSE:FUSE) at a transaction value of $2.4  billion and $2.9 billion in equity value… Read More

Digital Finance Platform MoneyLion Introduces Thematic Investing Solutions

MoneyLion, a U.S.-based consumer digital finance platform, announced on Tuesday the launch of its new thematic investment solutions. MoneyLion reported that through thematic investing, its members may now invest in portfolios that reflect their personal preferences and interests, which includes clean energy, artificial intelligence, and… Read More

Galileo Now Powering MoneyLion’s New Demand Deposit Account RoarMoney

U.S. fintech Galileo announced on Monday it is powering RoarMoney, a new demand deposit account offered by consumer digital finance platform MoneyLion. According to Galileo, RoarMoney is designed to meet consumers’ financial needs now and as they evolve – from faster access to their funds… Read More

Digital Bank MoneyLion Raises $160 Million

MoneyLion has raised $160 million in funding. MoneyLion previously revealed $60 million of this amount but has since added $100 million as part of Series C funding round. MoneyLion is an entrant in the hot challenger bank marketplace. It provides its banking services via a… Read More

Ron Suber Joins Board of Fintech MoneyLion

Ron Suber, President Emeritus of Prosper and a prominent Fintech advocate, has joined the advisory board of MoneyLion. Suber was quoted in a report explaining his interest in the online lender; “MoneyLion is seeing Facebook.com, Inc FB -like engagement with its app. Users are coming back daily. When… Read More

MoneyLion Milestone: Reaches 2 Million Customer Milestone Following Series B Funding Round

MoneyLion, the mobile personal finance platform, announced on Tuesday it has reached two million customer milestone. This news comes just one month after the platform secured $42 million through its Series B funding round, which was led by Edison Partners, with participation from FinTech Collective,  GRUPO Sura,… Read More

The Top Ten Fintech Predictions for 2018

Last year, I boldly predicted 10 Fintech movements that will take place as Earth makes another perfect rotation around our Sun. It’s always fun to look back and see how wrong I was, so let’s stump the chump! Here are my original predictions. Let’s score… Read More

MoneyLion Secures $42 Million Through Series B Funding Round Led By Edison Partners

MoneyLion, the mobile personal finance platform, announced on Thursday it has secured $42 million through its Series B funding round led by Edison Partners, with participation from FinTech Collective,  GRUPO Sura, Greenspring Associates and Danhua Capital. While sharing details about the latest funding round, Diwakar Choubey, CEO… Read More

Journal Entry: LangDi FinTech Conference in Shanghai. The Biggest Fintech Meetup In The World!

Familiar Faces This is the second year that I travelled to China for the LangDi FinTech Conference in Shanghai. What a difference a year makes? Last year, the conference had a massive showing of over 1,300 attendees. This year, the conference nearly doubled to 2,400… Read More

MoneyLion Online Lending Platform Revamps & Adds New Features

MoneyLion has announced new features for its online lending and personal finance App as part of a website and mobile redesign. MoneyLion’s new features have been designed to help their 1 million + users simplify their day-to-day relationship with money and making it easier to build… Read More

Fintech Company MoneyLion Raises $22.5M During Series A Funding Round Led by Edison Partners

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MoneyLion, the mobile personal finance platform, announced on Monday it secured $22.5 million during its Series A Funding round, which was led by Edison Partners. The company stated the Series A financing and existing $650 million debt facilities will fuel its growth and expand its lending… Read More

Brief: MoneyLion Closes Debt Facility from the Macquarie Group

MoneyLion, the mobile personal finance platform, announced on Thursday it has closed its portfolio financing line with the Macquarie Group. The company revealed that the Macquarie funds, which are combined with existing facilities from institutional investors as well as equity capital from the FinTech Collective and other VCs, provide… Read More

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