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Many fintech companies are experiencing a market slump for the first time. These companies, including portfolio company MoneyLion, are prepared and believe they are positioned well to acquire, keep, and expand their customer base in turbulent times.
MoneyLion is prepared, even though it’s never had to weather a market downturn, because the company was founded on the lessons of the 2008 financial crisis, Chief Executive Officer Dee Choubey said. “Who we serve and how we serve them already positions us very well to acquire, keep and expand our customer base in turbulent times,” Choubey said in an email.
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