Gosh we're proud! From Powepoint presentation (when we invested) to $650M of capital, Diwakar and team have crushed it. With this fresh capital (from one of our LPs) and their own proprietary tech stack, MoneyLion can now truly become a category leading challenger financial institution.
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MoneyLion increases its lending capacity to $650M
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MoneyLion, a startup with feet planted in both personal financial management apps and online lending, has just secured a new credit line from investment bank Macquarie Group. That bring its total lending capacity to $650 million–a sizable war chest for a new lender.
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