Through this partnership, MoneyLion offers a simple, accessible way for its RoarMoney Banking (a FDIC-insured demand deposit account that delivers a full set of premium banking features) customers to file taxes at no cost to the customer.
“MoneyLion’s strategic partnership with Column Tax allows us to continue to democratize access to financial services and education to all Americans,” said Tim Hong, Chief Product Officer at MoneyLion. “Our missions are closely aligned, as they seek to educate and enable every American to have seamless access to their tax refunds so they can save, invest, pay off debt and meet their financial goals throughout the year. By offering our users high quality services and education, we aim to bring additional value to our offerings and help people take control of their finances.”