MoneyLion has announced that they now have over 2 million customers, over 1.25 million bank accounts linked to their mobile app, and half a million customers in their free credit monitoring program. Congratulations to the team and we are excited to see what 2018 brings!
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MoneyLion Reaches 2 Million Customer Milestone As Growth Accelerates
The momentum behind MoneyLion’s customer growth follows a number of recent milestones for the company, including: - The December launch of MoneyLion Plus, a first-of-its-kind membership that combines guided savings, simple investing, access to low-cost loans, and personalized daily financial tips to help consumers build their credit, financial resilience, and first $2,000 in savings. MoneyLion Plus has democratized access to private banking-like services typically reserved for high net worth consumers, providing an opportunity for first-time investors to begin building wealth. - Completion of a successful $42 million Series B equity round in January, bringing MoneyLion’s total funds raised to $67 million. This financing accelerates MoneyLion’s continued development of innovative, inclusive financial products and services for America’s financial middle class.
