Who owns Moneylion?
MoneyLion is a private fintech company that offers lending, financial advisory, and investment services to consumers, MoneyLion’s target market is 70% of American consumers who mostly live paycheck to paycheck. The company’s goal is to optimize consumers’ money management and savings while boosting their credit. Over 90% of MoneyLion members are first-time investors, per the…
MoneyLion is a private fintech company that offers lending, financial advisory, and investment services to consumers, MoneyLion’s target market is 70% of American consumers who mostly live paycheck to paycheck.
The company’s goal is to optimize consumers’ money management and savings while boosting their credit. Over 90% of MoneyLion members are first-time investors, per the company’s website.
Who owns Moneylion?
MoneyLion is headed by co-founder and CEO Diwakar Choubey, who previously worked on Wall Street, where he held senior positions at firms including Goldman Sachs, Citadel, and Barclays Capital. Chief Information Officer Pratyush Tiwari and Chief Technology Officer Chee Mun Foong are also co-founders.
The company operates out of four offices worldwide, including its New York City headquarters, San Francisco, Salt Lake City, and Kuala Lumpur, Malaysia. The company went public in September 2021 at a $2.4 billion valuation. Among its leading investors are Blackrock, Edison Partners, and Greenspring Associates. Other backers include Fintech Collective, Grupo Sura, and Sanhua Capital. These investors have helped MoneyLion compete with big and small fintech competitors.
