Tagged: moneylion

MoneyLion Launches MoneyLion Checkout, Aims to Becom Amazon of Financial Services

Neobank MoneyLion (NYSE: ML) has revealed the launch of “MoneyLion Checkout,” which it describes as the Amazon of financial services. MoneyLion says that users may search for hundreds of financial products, including both in-house and outside services. The company claims the services are similar to… Read More

MoneyLion and Plaid Are Now Working Together

Plaid,  a prominent open banking enabler, is now working with neobank MoneyLion to streamline the loan-making process. In a blog post, Alain Meier, Head of Identity at Plaid, said that for decades, lenders have relied on credit reports, but the lack of real-time information failed to… Read More

Hispanics Trail Others in Financial Literacy: MoneyLion Survey

Findings from MoneyLion’s Understanding U.S. Hispanic Financial Literacy & Empowerment 2024 Report show significant gaps between Hispanics and non-Hispanics. With detailed comparisons between Hispanic and non-Hispanic populations in the U.S., the report highlights key disparities in financial education, time constraints, and familiarity with financial products,… Read More

MoneyLion to Use TransUnion’s Tech for Credit Decisions

TransUnion (NYSE: TRU) and MoneyLion (NYSE: ML) will be working together. MoneyLion will be utilizing TransUnion’s data and credit solutions as part of its hosted credit-decisioning platform. Dee Choubey, co-founder and CEO of MoneyLion, said by integrating Transunion’s credit data they will be able to… Read More

MoneyLion, Nova Credit to Activate Cash Flow Underwriting within Consumer Finance Ecosystem

MoneyLion Inc. (NYSE: ML) has revealed a parnetship with Nova Credit, a credit infrastructure and analytics company. The goal is said  to seek to activate cash flow underwriting within MoneyLion’s hosted decisioning engine. This collaboration aims to credit issuers on MoneyLion’s platform “to integrate Nova… Read More

MoneyLion Joins American Fintech Council

The American Fintech Council (AFC) keeps adding new Fintechs to its roster of members. Today, MoneyLion (NASDAQ:ML) has joined the group that seeks to advocate on behalf of the burgeoning Fintech sector. Phil Goldfeder, Chief Executive Officer of AFC, said MoneyLion empowers millions to take control… Read More

Former Google Exec Joins MoneyLion

MoneyLion (NYSE:ML) has announced a new Chief Revenue Officer, Jon Kaplan. According to the company, Kaplan previously worked at two big tech firms, Google and Pinterest. Dee Choubey, co-founder and Chief Executive Officer of MoneyLion, said Kaplan’s experience at the two firms shows his ability… Read More

MoneyLion Subsidiary Malka Adds to Leadership Team

MoneyLion company Malka, an adaptive content studio, has appointed ad industry veterans Chris Apostle and Bill Davaris as co-CEOs and Paige McCrensky as its first chief brand officer. As a subsidiary of MoneyLion, Malka has access to sophisticated data and technology infrastructure which, when combined… Read More

MoneyLion Reports Revenue Increase of 24% Over Last Year, Q4 Net Loss of $4.2 Million, Shares Rise

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

MoneyLion, EY Partner on Fintech Adoption Service for Banks and More

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

MoneyLion Q1 Results Deliver Top Line Growth, Flat GAAP Earnings

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

MoneyLion Enhances its Embedded Finance Tech with Rebranding of ‘Even Financial’

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

MoneyLion, Column Tax to Offer Clients Free Tax Services

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

MoneyLion Teams Up with NFL Player to Address Financial Literacy Gap

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

CFPB Sues MoneyLion for Overcharging Servicemembers, “Trapping” Consumers in Costly Memberships

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

MoneyLion and Zogo Partner

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

Nuula, Even Financial to Support Personal Loan Search Feature to Help Small Businesses

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

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

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