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MoneyLion launches RoarMoney account with contactless mobile wallet

Congratulations to portfolio company MoneyLion, the award-winning consumer digital finance platform, which announced the launch of RoarMoneySM, a new demand deposit account powered by MetaBank, N.A., and featuring Mastercard as the exclusive card network.

“With RoarMoney, we’ve completely reimagined the mobile banking experience by going above and beyond what consumers expect from their banks,” said Dee Choubey, CEO of MoneyLion. “While RoarMoney can be used as a standalone bank account, it’s designed to be its most powerful when used in conjunction with our lending and investing products." “MoneyLion’s mission is to create financial access for hard-working Americans. And today, that promise has never been more important, given the financial challenges many Americans are experiencing around the country,” continued Choubey.

Tags

moneylion, banking, mobile wallet