We are super proud of Moneylion's mission to rebundle the bank for those who need it most (America's middle class) - offering premium banking products previously only available to the affluent. MoneyLion Plus has now added full checking and saving capabilities, offering a comprehensive banking option for anyone with a smartphone.
“In the past, these types of financial tools have only been available to the wealthy - as a result, financial middle class wealth has stagnated and for many Americans, actually decreased over the past decade,” said MoneyLion CEO and co-founder, Diwakar Choubey. “Working Americans deserve better than exorbitant overdraft fees and lack of access to affordable credit and financial advice. MoneyLion Plus is bringing user friendly, transparent, private bank-like services to the fingertips of the middle class for the first time, something we think is way overdue.”