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MoneyLion generated record revenue of $135m and Adjusted EBITDA of $24m in the third quarter. These results met or exceeded guidance across all metrics. Building on this momentum, the company announced that they are raising full-year 2024 guidance, which implies revenue growth acceleration exiting the year. For full-year 2024, they now expect revenue of $536m to $541m and Adjusted EBITDA of $88 to $93m.
“Our record third-quarter results reflect MoneyLion’s ongoing ability to grow rapidly and take market share through our differentiated solutions for consumers and enterprises alike,” said Dee Choubey, MoneyLion’s Co-Founder and Chief Executive Officer.
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