Congrats to MoneyLion for constantly adding talent and expertise to its mission to create the private bank membership for America's middle class. Rob Suber, former President of Propser, is excited by the Facebook like-engagement the MoneyLion app is receiving from its users daily and thinks it is best positioned to compete as a tech company.
"Companies used to grow at the speed of the human brain, but with artificial intelligence, companies are growing at machine speed," he said. "Banks and financial services providers are not competing with each other, but with tech companies, and this is the arrival of MoneyLion as a company that's competing with tech." MoneyLion targets middle-class consumers hoping to better manage their financial lives, and CMO Hong said Suber's involvement will help the company grow to better serve that market.