MoneyLion

artificial intelligence/machine learningwealthtech-retailpersonal finance management

FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 17/07/2020

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About

MoneyLion is a technology-enabled lending institution focused on helping all consumers gain access to credit. The company uses machine learning based algorithms and big-data analytics to provide better loans at affordable rates.

Focus

PRODUCTS & SERVICES

Provide loan services to customers using big data & machine learning algorithms

REVENUE MODEL

The company earns revenue through interest fees.

MAIN CLIENTS

Retail Investors

Traction

ACTIVE USERS COMMENT:

The company has grown upto 1.5 million users till now(Jan 2018).

TRACTION COMMENT:

MoneyLion has provided over 250,000 personal loans to its customers to help them manage unexpected expenses and achieve their financial goals (Jan 2018).

People

FOUNDERS

Chee Mun Foong

Pratyush Tiwari

Chee Mun Foong

Diwakar Choubey

Pratyush Tiwari

Chee Mun Foong

BOARD MEMBERS AND ADVISORS

Ken Riley

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Broadhaven Capital Partners

Capital One

Citizen.VC

Clocktower Technology Ventures

Edison Partners

FinTech Collective

Greenspring Associates

Jared Carmel

Montage Ventures

KEY EMPLOYEES:

Diwakar Choubey (CEO); Chee Mun Foong (CTO); Richard Correia (CFO); Tim Hong (CMO)

Momentum

FUNDED

YES

TOTAL FUNDING

$185.5 M

DATE OF LAST FUNDING

Jul 2019

TOTAL FUNDING COMMENT

The company is planning to use the fund for expanding its product line (Jan 2018).

SEED CLOSED ON

Sep 2013

FUNDING SERIES

SERIES A  · $25.5 M  · Dec 2016

SERIES B  · $60 M  · Jun 2018

SERIES C  · $100 M  · Jul 2019

LISTED

NO

BASICS

FOUNDING YEAR:

2013

LOCATION:

United States

Views:

134 VISITORS | 209 VIEWS
LATEST FUNDING ROUND

$185 M

TOTAL EMPLOYEES
51-200

About

MoneyLion is a technology-enabled lending institution focused on helping all consumers gain access to credit. The company uses machine learning based algorithms and big-data analytics to provide better loans at affordable rates.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
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