Tagged: moneylion

March 8, 2024 @ 9:39 am By JD Alois  |  

MoneyLion (NYSE:ML) reported earnings this past week, which were received positively by investors. Following the earnings release, MoneyLion shares rocketed by almost 30%, and shares are expected to move higher following jobs data released this morning. MoneyLion is a Fintech that serves both retail and… Read More

February 6, 2024 @ 9:51 am By JD Alois  |  

MoneyLion Inc. (NYSE: ML) and global consulting firm EY have partnered to help banks keep up with the Fintech revolution. According to a release, MoneyLion’s infrastructure – including embedded finance offerings – will now be a part of EY’s “existing core-banking modernization offerings and Nexus… Read More

May 10, 2023 @ 6:26 pm By JD Alois  |  

MoneyLion (NYSE: ML), a neobank that offers a diverse portfolio of financial services to consumers, reported Q1 earnings this week deliving a solid increase on the top line but flat GAAP net income results. First quarter 2023 revenues increased 34% to $93.7 million in comparison… Read More

March 22, 2023 @ 8:19 am By Omar Faridi  |  

MoneyLion (NYSE: ML), a Fintech offering personalized services, has announced the rebrand of “Even Financial,” the embedded finance platform for enterprise businesses, to “Engine by MoneyLion.” The Engine by MoneyLion brand is “designed to reflect the expanded breadth and capabilities of the combined company, while continuing… Read More

February 19, 2023 @ 5:41 pm By Omar Faridi  |  

MoneyLion Inc. (NYSE: ML), the go-to destination for personalized financial content, financial products and advice, announced it is offering eligible MoneyLion users free tax filing services “through its new partnership with Column Tax, a personal income tax software company.” Through this partnership, MoneyLion offers “a… Read More

October 25, 2022 @ 11:15 pm By Omar Faridi  |  

MoneyLion Inc. (NYSE: ML), the “go-to” destination for financial content, products and advice, announced it launched MoneyLion University (MLU) as part of a financial literacy initiative aimed at “filling a gap in money education across the United States.” MoneyLion has partnered with NFL player and… Read More

October 2, 2022 @ 1:11 pm By Omar Faridi  |  

The Consumer Financial Protection Bureau (CFPB) sued MoneyLion Technologies, an online lender, and 38 of its subsidiaries, “for imposing illegal and excessive charges on servicemembers and their dependents.” The CFPB alleges that MoneyLion “violated the Military Lending Act by charging more than the legally allowable… Read More

August 15, 2022 @ 11:32 am By JD Alois  |  

MoneyLion (NYSE: ML) has partnered with Zogo to provide “enhanced financial education to over three million MoneyLion users.” MoneyLion is a neobank that leverages technology to offer “banking that gives you more.” Zogo is a financial literacy platform. The company notes this is the largest… Read More

June 22, 2022 @ 9:38 am By Omar Faridi  |  

Nuula, a Fintech focused on providing small businesses the tools and the capital they need to succeed, announced a new personal loan search feature that “allows small business owners and entrepreneurs that are smaller or earlier stage to search 30+ top lenders for personal loan… Read More

December 17, 2021 @ 8:02 am By Omar Faridi  |  

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

November 24, 2021 @ 6:09 pm By Tony Zerucha  |  

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

September 22, 2021 @ 8:06 pm By JD Alois  |  

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

September 3, 2021 @ 6:34 pm By JD Alois  |  

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

May 13, 2021 @ 9:29 am By Samantha Hurst  |  

  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

March 3, 2021 @ 11:55 pm By Omar Faridi  |  

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

February 15, 2021 @ 3:47 pm By JD Alois  |  

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

September 15, 2020 @ 3:59 pm By Samantha Hurst  |  

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

August 3, 2020 @ 9:30 am By Samantha Hurst  |  

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

July 23, 2019 @ 9:30 am By JD Alois  |  

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

March 26, 2018 @ 9:13 am By JD Alois  |  

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