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MoneyLion said it recorded rising revenue this quarter after developing new personal finance tools. The financial app released quarterly earnings Tuesday (Nov. 7) showing revenues of $110 million, up 24% from the same quarter last year.
"The company said it had diversified its product mix this quarter, expanding into non-lending verticals such as high-yield savings. For example, revenue from personal loan verticals now makes up 55% percent of MoneyLion’s enterprise marketplace revenue, compared to 85% in the prior quarter."
https://www.pymnts.com/earnings/2023/moneylion-revenue-rises-amid-changing-loan-landscape/
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