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The acquisition of WTI is designed to improve members' experience and engagement with MoneyLion, a digital platform where Americans can easily bank, borrow, save and invest – all in one place. The MoneyLion platform will be powered by WTI's proprietary fGPS® Financial Goals Positioning System, the industry's first dynamic course-correcting, comprehensive financial planning and advice system. With this addition, MoneyLion's new analytical framework will provide the intelligent turn-by-turn guidance its members need to confidently manage today, plan for tomorrow and invest in their future.
"Our acquisition of WTI adds significant new capabilities to MoneyLion by enhancing our suite of financial tools with precision-guided financial advice to help our members see the interconnectivity of short- and long-term financial decisions across their entire financial portfolio," said Dee Choubey, MoneyLion co-founder and CEO. "With fGPS® guidance, MoneyLion will bring the previously exclusive experience of private banking with personalized advice to every hardworking American."
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