Moneylion, Inc.
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Moneylion, Inc. - overview
Established
2013
Location
New York, NY, US
Primary Industry
Financial Services
About
Founded in 2013 by co-founders Chee Mun Foong, Diwakar Choubey, and Pratyush Tiwari and based in New York, US, Moneylion, Inc. , formerly known as PredictLion, operates as a developer of a mobile personal finance platform intended to help users to control financial needs. In December 2021, Moneylion, Inc. acquired Even Financial, Inc.
from 555 Capital, Arab Angel Fund, Brooklyn Bridge Ventures, Canaan Partners, Conversion Capital, F-Prime Capital, Lerer Hippeau Ventures, Social Leverage Capital, ValueStream Labs, American Express Ventures, Plug & Play Ventures, Goldman Sachs Merchant Banking Division, GreatPoint Ventures, Citi Ventures, LendingClub Corporation, and MassMutual Ventures for an upfront payment of USD 15 million in cash and USD 345 million in shares. The transaction is expected to close in the first quarter of 2022. The company offers web and mobile application which provides access to personal loans and other financial services such as borrowing, saving, and investing, as well as a built-in system of rewards, points, and incentives. The company also offers Financial Heartbeat which helps users to manage and track their financial health.
The company generated by offering digital banking. Moneylion, Inc. plans to continue to work on its mission to rewire the American banking system.
Current Investors
FinTech Collective, citizen.vc, Montage Ventures
Primary Industry
Financial Services
Sub Industries
Consumer Finance, e-Financial
Website
www.moneylion.com
Verticals
Artificial Intelligence, Cloud Computing, FinTech, FinTech, Mobile Apps
Total Amount Raised
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