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
Klarna launches Open Banking platform Rewire helps migrants in Europe with $12m funding MoneyLion’s Bill Davaris on partnering with NASCAR,...
Financial Literacy Month ended yesterday (yes, April is officially Financial Literacy Month) and I have been thinking a lot about...
An article in Forbes earlier this month about the traction of digital banks caught my attention. A survey of U.S....
Forward-thinking MoneyLion has launched a comprehensive mobile banking service called RoarMoney, a nearly-no-fee bank and debit card experience powered by...
We look in detail at the state of marking recently-private-fintechs to the public market in mid-2021. Multiple industry segments have seen IPOs, direct listings, and SPACs transition fintech darlings into traditional stocks. How is performance doing? Is everything as magnificent and rich as we expected? Have multiples and valuations fallen or held steady? The analysis explores the answers and provides an explanatory framework.
This earnings season started strong but turned uneven this week. Even firms that showed outsized growth saw their stock prices...
In PeerIQ’s Weekly Industry Update they cover job growth numbers, the Fed’s planned rate rises and more fintech related stories that ended 2017; OneMain Financial received backing from Apollo Global Management and Värde Partners; GreenSky and MoneyLion completed fundraising’s; new regulation news coming out of Indiana that would cap the personal loan interest rates. Source.
EY Nexus for Banking Powered by MoneyLion unites two category leaders to help banks scale with integrated digital financial solutions.
MoneyLion has raised $22.5 million in a Series A funding round led by Edison Partners; the company will use the funds to improve and expand its mobile application services; the mobile application currently provides customers with tools and advice for managing their finances; it also provides loans. Source