For CEO Alex Holmes, MoneyGram's acquisition is an opportunity to accelerate its future development without the constraints that come with making quarterly reports to the markets.
Financial banking platform MoneyLion announced today it is acquiring embedded finance marketplace Even Financial for $440 million.
MoneyLion's senior vice president of marketing and product Tim Hong talks about the firm's marketing efforts and customer focus; says the firm was founded on advancements in machine learning and artificial intelligence that help it to broaden credit access for customers; also reports that its balance sheet lending helps it to better align with customers; the firm provides a range of credit services for its customers that goes beyond loans; its offerings include credit monitoring services and programs that educate customers while also building a relationship with them that can facilitate credit issuance in the future. Source
US-based mobile banking platform MoneyLion has completed its previously announced acquisition of embedded finance marketplace Even Financial.
MoneyLion provides customers with a range of services for managing their finances and also includes credit products; the platform incorporates a unique rewards program that can help customers receive loan discounts and rewards from endorsements and on-time payments; company is a featured applicant in the 2017 Benzinga Global Fintech Awards competition; led by co-founders Dee Choubey, Chee Mun Foong and Pratyush Tiwari, the company raised $650 million in debt financing in September 2016 and $22.5 million in a Series A equity funding round in December 2016. Source
Forward-thinking MoneyLion has launched a comprehensive mobile banking service called RoarMoney, a nearly-no-fee bank and debit card experience powered by...
A record-setting fourth quarter and full year have MoneyLion cofounder and CEO Dee Choubey excited about what comes next.
MoneyLion reported earnings for Q1 2024 and the company showed record numbers across revenue, EBITDA and net income.
MoneyLion reported Q4 2023 earnings that exceeded expectations and showed significant improvement across the business.
MoneyLion’s new feature is called Grow Your Stack; will help customers see a visual representation of their account balance as ‘cash’ over the real world; the feature will leverage iOS 11’s ARKit technology; Tim Hong, Chief Marketing Officer at MoneyLion stated, “If I write that you spent $350 on coffee as text, versus if I show you that in terms of a [visual] stack, you may be more likely to change your habits,” he said. “Not everyone learns in the traditional way.” Source