MoneyLion

MoneyLion

Mobile banking app with loans, insurance

Overview

MoneyLion is a fintech platform with a mobile banking app that bundles personal loans, auto and student loan refinancing, life insurance, credit cards, savings tools, cashback rewards, automated investing, and financial tracking. Users sign in to the app to borrow, refinance, buy financial products, and manage savings and investments, while the company earns revenue from loan interest, product fees, and premium memberships. It stands out by offering an all-in-one financial suite in a consumer-friendly mobile experience, backed by a large, engaged user base and a track record of saving customers on bank fees. Its goal is to help everyday Americans borrow, save, invest, and earn from a single platform, making it easier to take control of their financial future.

About MoneyLion

Simplify's Rating
Why MoneyLion is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consumer Software

Fintech

Financial Services

Company Size

201-500

Company Stage

IPO

Headquarters

Kuala Lumpur, Malaysia

Founded

2013

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Simplify's Take

What believers are saying

  • Gen’s fiscal 2026 report said MoneyLion exceeded expectations with over 40% revenue growth.
  • May 26, 2026, Summer Break Giveaway keeps MoneyLion driving repeat app engagement.
  • March 2, 2026 LifeLock integration gives paid members a cross-sell path inside MoneyLion.

What critics are saying

  • CFPB settled its June 25, 2026 lawsuit after alleging overcharges and membership traps.
  • The settlement required $1.75 million redress, proving MoneyLion’s compliance controls failed.
  • If Gen prioritizes Norton and LifeLock, MoneyLion loses standalone relevance by 2027.

What makes MoneyLion unique

  • Gen Digital completed MoneyLion acquisition on April 3, 2026, pairing finance with cyber safety.
  • MoneyLion One launched on March 2, 2026, bundling 1% cashback and LifeLock.
  • Its app unifies lending, investing, cash-flow tools, and identity protection under one login.

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Funding

Total Funding

$899M

Above

Industry Average

Funded Over

10 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Parental Leave

Flexible Work Hours

Wellness Program

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 1%
The Philadelphia Inquirer
Sep 28th, 2026
New Montco group wants to protect you from getting scammed.

New Montco group wants to protect you from getting scammed. County officials say the collaboration may be the first of its kind and is particularly important as some companies prey on those who are struggling. by Erin McCarthy Published Sept. 28, 2026, 2:52 p.m. ET Listen to article - 3:15 min Montgomery County officials are starting a new consumer protection collaboration and taking on cash-advance apps in one of its first cases. Montgomery County District Attorney Kevin R. Steele and the Montgomery County Board of Commissioners announced the effort Monday, saying that the solicitor's office and district attorney's office would work together to investigate issues that impact the finances, health, and well-being of residents. "When companies engage in unlawful or deceptive conduct that harms our residents, we will use every available tool to hold them accountable," Steele said in a statement. "This is the first long-term partnership on consumer protection that we're aware of," Montgomery County Commissioner Neil K. Makhija said in an interview. He added that it is particularly important given continued economic uncertainty. "People are struggling to cover everyday needs," Makhija, a public interest attorney, said. "Some companies see that and they see an opportunity to make a profit." Some digital lending apps are among those companies, according to Montgomery officials. Traditional payday lending involves taking out a short-term, high-interest loan due on a consumer's next payday. The practice is illegal in many states, including Pennsylvania and New Jersey. But Montgomery County officials say some apps continue to give out similar loans, disguised as interest-free cash advances. On Monday, the county district attorney's office filed two lawsuits against the apps MoneyLion and Dave, alleging that the companies provide short-term cash advances and then tack on fees, tips, and other charges so they effectively function as high-interest loans, violating Pennsylvania law. Spokespeople for MoneyLion and Dave did not immediately return requests for comment. More than a million Pennsylvanians have used these apps, Makhija said, and officials hope to learn through the lawsuits how many Montgomery County residents have been impacted. Suits such as these can result in financial settlements or orders to stop illegal practices, the commissioner said. "The reason this is so powerful is that we are not bound by the fine print" that consumers often agree to when they sign up for these apps, Makhija said. "Consumers today unknowingly are waiving their rights to a jury trial... what we are able to do is take action on behalf of the Commonwealth by our district attorney." The county accounted for this effort in its 2026 budget for the district attorney's office. "These cases pay for themselves: You're addressing harm and you're able to recover funds to continue the work," Makhija said. "This is not a cost sink for the county." As part of the consumer-protection collaboration, Montgomery County also sued some of the country's largest social media companies over youth mental health impacts, and joined other local districts attorney in a suit against online ticket-reseller Vivid Seats over hidden fees. Montgomery County residents can email [email protected] with tips about ongoing cases or other issues, Makhija said. Erin McCarthy As the Consumer Reporter, I tell stories about how Philadelphians are spending their money.

DriveWealth
Jul 22nd, 2026
DriveWealth named to CNBC World's Top FinTech Companies 2026 list.

DriveWealth named to CNBC World's Top FinTech Companies 2026 list. * July 22, 2026 * Press Releases Financial technology platform recognized for a third consecutive year, reflecting its continued global growth and innovation NEW YORK- July 22, 2026 - DriveWealth, a global B2B Brokerage-as-a-Service platform designed to make investing easier for partners and their customers, was recognized on the fourth edition of CNBC's "World's Top FinTech Companies 2026" list released today. The award is presented by CNBC and Statista Inc., the world-leading statistics portal and industry ranking provider, and recognizes DriveWealth for its global efforts to deliver innovative investing and financial services solutions to banks, brokerages, and fintechs, and their customers around the world. "Being named to CNBC's World's Top FinTech Companies list for a third consecutive year reflects DriveWealth's accelerated growth and continued commitment to power the future of global investing," said Naureen Hassan, CEO at DriveWealth. "This recognition comes at a pivotal moment, following our participation in DTCC's landmark tokenization initiative this month. It's proof that the newest capabilities in the market can be delivered with the same institutional rigor and platform stability our clients have counted on for years. We're proud to keep scaling innovation on behalf of our clients and the millions of investors they serve." The World's Top FinTech Companies list recognizes 250 companies across eight different market segments: Payments, Neobanking, Alternative Financing, Wealth Technology, Digital Assets, Enterprise Fintech, Insurtech, and Regtech. The segment-specific metrics were derived from publicly available data, including annual reports, company websites, and media monitoring across more than 2,000 companies. Over the past year, DriveWealth has significantly broadened its product suite with the addition of Alternative Asset Funds, Business Accounts for corporate entities, and an enhanced Fully Paid Securities Lending program, while bolstering consumer protection through excess SIPC insurance covering up to $50 million per account and excess FDIC insurance covering up to $1 million per customer. The company also expanded its global footprint, supporting an average of more than 6 million trades per day for its B2B partners worldwide and bringing U.S. equities investing to consumers in Mexico, Saudi Arabia and Turkey through new client relationships. DriveWealth clients Acorns, C6 Bank, Chipper Cash, Freetrade, Inter, Moneybox, MoneyLion, OnePay, Revolut, Step, and Uala were also recognized in CNBC's "World's Top FinTech Companies 2026" list. About DriveWealth DriveWealth is a global B2B financial technology platform. Its core business is providing Brokerage-as-a-Service, powering the investing and trading experiences for digital wallets, broker dealers, asset managers, and consumer brands. DriveWealth's APIs provide its partners with a modern, extensible and flexible toolkit to develop everything from traditional investment workflows to more innovative techniques like rounding up purchases into fractional share ownership. DriveWealth, LLC is a registered broker dealer, member of FINRA and SIPC. Visit legal.drivewealth.com for full disclosures. For more information, visit www.drivewealth.com. Discover more. * Jun 2026 * Press Releases * Apr 2026 * Press Releases * Mar 2026 * Press Releases Ready to get started? Connect with DriveWealth Holdings, Inc. and let's discuss how to empower your clients with modern, innovative products and solutions. Take control of your business using its Client dashboard to manage many of the "back office" investing functions.

PR Newswire
Jul 20th, 2026
MoneyLion One launches premium banking with 1% daily cashback and identity theft protection

MoneyLion has launched MoneyLion One, a premium banking membership programme designed to help Americans living paycheque to paycheque maximise their earnings. The service offers 1% daily cashback on qualifying debit purchases, identity theft protection powered by LifeLock, and fee-free managed investing. High-yield savings at 3.64% APY will be available later this summer. Members who set up at least $500 in monthly direct deposits receive the full membership free of charge. Without direct deposit, the service costs $9.99 monthly. MoneyLion, owned by Gen, uses algorithms to monitor income, bills, and spending patterns, providing personalised financial recommendations. The platform aims to make premium banking tools accessible to a broader audience beyond high-income consumers.

PR Newswire
Mar 2nd, 2026
MoneyLion launches LifeLock-powered scam and identity protection for members

MoneyLion, a consumer finance platform owned by Gen, has launched identity protection services powered by LifeLock for its members with paid subscriptions. The new offering integrates scam and identity protection directly into the MoneyLion app. The service includes a real-time Scam Analyser that verifies suspicious texts, emails and social messages within the app. It also provides continuous monitoring for account takeovers and identity theft, along with reimbursement for stolen funds and identity restoration support. With one in four Americans experiencing identity theft and average losses exceeding $7,500, the integration aims to protect members' financial progress without adding friction to their daily banking experience. Members can activate the service using their existing login credentials and identity verification.

Youth Sports Business Report
Dec 4th, 2025
GameChanger Names CCO and Emerging Sports GM in Leadership Expansion

GameChanger names CCO and Emerging Sports GM in leadership expansion. Key takeaways. * GameChanger created two new executive roles and hired Cynthia Kleinbaum Milner as Chief Commercial Officer and Brandon Rhodes as General Manager, Emerging Sports * Kleinbaum Milner previously served as CMO at MoneyLion and led the design and launch of Walmart+ as VP of Marketing for Digital Acceleration * Rhodes spent seven years at Overtime, most recently as GM of OTX, the company's boxing division he helped launch * GameChanger currently covers over 9 million games annually across more than 1 million teams on its platform * The DICK'S Sporting Goods-owned company has active searches underway for a Chief Technology Officer and General Manager of Diamond Sports Veteran consumer and fintech leader takes commercial reins. GameChanger, the youth sports app owned by DICK'S Sporting Goods, announced Cynthia Kleinbaum Milner will join as Chief Commercial Officer. In this newly created role, she will oversee the platform's commercial strategy with a focus on expanding reach and deepening engagement with families, coaches, and athletes. Kleinbaum Milner joins from MoneyLion, where she served as Chief Marketing Officer. Prior to that, she spent four years at Walmart in marketing and management roles, culminating in her position as Vice President of Marketing for Digital Acceleration. In that role, she spearheaded the design and launch of Walmart+, the retailer's membership program. Earlier in her career, Kleinbaum Milner held leadership roles at Bonobos and Gilt Groupe. She began her career in brand management at Nestlé in Mexico before moving into strategy consulting at Boston Consulting Group. She holds an MBA from Harvard Business School and a degree in Business Administration from Universidad Iberoamericana in Mexico City. "GameChanger sits at the intersection of technology, community, and a mission that matters," Kleinbaum Milner said. "This is a product families love and rely on to stay connected to youth sports, and it's built by a team that moves fast while thinking long term." Sports media executive to drive basketball and soccer expansion. Brandon Rhodes will join as General Manager, Emerging Sports, another newly created position. He will oversee GameChanger's continued growth in basketball and soccer. Rhodes brings more than a decade of experience building sports, media, and consumer brands. He spent seven years at Overtime in leadership roles across business development and new ventures. Most recently, he served as GM of OTX, Overtime's boxing division, which he helped launch from the ground up. Before Overtime, Rhodes worked for five years at PepsiCo across Gatorade's global business. He is also co-founder of Awkward Games, a party game company that grew into national retail distribution at Target and Walmart and was featured on Shark Tank. Rhodes was recognized on the Forbes 30 Under 30 list and co-founded the Michigan Sport Business Conference. "Youth sports are evolving quickly, and there's a tremendous opportunity to raise the bar for families, coaches, and players," Rhodes said. Building out the c-suite for scale. The two appointments are part of a broader leadership expansion at GameChanger. The company has active searches underway for a Chief Technology Officer and a General Manager of Diamond Sports. In June, Briana Larkin joined as Chief People Officer from ABInBev, where she spent eight years in various leadership roles, most recently as Global Vice President of People & Business Strategy. "Bringing in leaders of Cynthia and Brandon's caliber positions us to deliver an even better experience for those who rely on us," said Sameer Ahuja, president of GameChanger and senior vice president of DICK'S Sporting Goods. "Cynthia has an incredible track record at some of the world's most recognizable brands, and Brandon has built new sports properties from the ground up." GameChanger's platform is available on iOS, Android, and web. Live streaming and scheduling technology is available for all youth sports, with deep statistics and scorekeeping capability for baseball, softball, and basketball. The company is based in New York City. What the moves signal for GameChanger's roadmap. The creation of both a Chief Commercial Officer role and a dedicated leader for emerging sports reflects GameChanger's intent to expand beyond its baseball and softball roots. The platform already covers over 9 million games annually across more than 1 million teams, but basketball and soccer represent significant growth opportunities given their participation rates nationwide. The addition of executives with retail, fintech, and consumer brand experience suggests GameChanger may be exploring new commercial models or partnerships. With DICK'S Sporting Goods as its parent company, the platform sits at the intersection of sports retail, technology, and family engagement throughout the youth sports journey. YSBR provides this content on an "as is" basis without any warranties, express or implied. We do not assume responsibility for the accuracy, completeness, legality, reliability, or use of the information, including any images, videos, or licenses associated with this article. For any concerns, including copyright issues or complaints, please contact YSBR directly. About Youth Sports Business Report. Youth Sports Business Report is the largest and most trusted source for youth sports industry news, insights, and analysis covering the $54 billion youth sports market. Trusted by over 50,000 followers including industry executives, investors, youth sports parents and sports business professionals, we are the premier destination for comprehensive youth sports business intelligence. Our core mission: Make Youth Sports Better. As the leading authority in youth sports business reporting, we deliver unparalleled coverage of sports business trends, youth athletics, and emerging opportunities across the youth sports ecosystem. Our expert editorial team provides authoritative, in-depth reporting on key youth sports industry verticals including: * Sports sponsorship and institutional capital (Private Equity, Venture Capital) * Youth Sports events and tournament management * NIL (Name, Image, Likeness) developments and compliance * Youth sports coaching and sports recruitment strategies * Sports technology and data analytics innovation * Youth sports facilities development and management * Sports content creation and digital media monetization Whether you're a sports industry executive, institutional investor, youth sports parent, coach, or sports business enthusiast, Youth Sports Business Report is your most reliable source for the actionable sports business insights you need to stay ahead of youth athletics trends and make informed decisions in the rapidly evolving youth sports landscape. Join our growing community of 50,000+ industry leaders who depend on our trusted youth sports business analysis to drive success in the youth sports industry. Stay connected with the pulse of the youth sports business - where industry expertise meets actionable intelligence. Are you a brand looking to tap into the world's most passionate fanbase... youth sports? Introducing Play Up Partners, a leading youth sports marketing agency connecting brands with the power of youth sports. We specialize in youth sports sponsorships, partnerships, and activations that drive measurable results. About Play Up Partners. Play Up Partners is a leading youth sports marketing agency connecting brands with the power of youth sports. We specialize in youth sports sponsorships, partnerships, and activations that drive measurable results. Why sponsor Youth Sports? Youth sports represents one of the most engaged and passionate audiences in sports marketing. With over 70 million young athletes and their families participating annually, the youth sports industry offers brands unparalleled access to motivated communities with strong purchasing power and loyalty. What does Play Up Partners do? We've done the heavy lifting to untangle the complex youth sports landscape so our brand partners can engage with clarity, confidence, and impact. Our vetted network of accredited youth sports organizations (from local leagues to national tournaments and operators) allows us to create flexible, scalable programs that evolve with the market. Our approach. Every partnership we build is rooted in authenticity and value creation. We don't just broker deals. We craft youth sports marketing strategies that: * Deliver measurable ROI for brand partners * Create meaningful experiences for athletes and families * Elevate the youth sports ecosystem Our vision. We're positioning youth sports as the most desirable and effective platform in sports marketing. Our mission is simple: MAKE YOUTH SPORTS BETTER for athletes, families, organizations, and brand partners. Common Questions About Youth Sports Marketing Where can I sponsor youth sports? How do I activate in youth sports? What is the ROI of youth sports marketing? How much does youth sports sponsorship cost? We have answers. Reach out to [email protected] to learn how Play Up Partners can help your brand navigate the youth sports landscape. Youth sports organizations: Interested in partnership opportunities? Reach out to learn about our accreditation process.

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