MoneyLion Expands FTA’s Roster of Transformative Financial Technology Companies Driving Inclusion and Innovation
WASHINGTON, D.C. – The Financial Technology Association (FTA) today welcomed MoneyLion, the award-winning digital financial services and lifestyle content platform. MoneyLion’s mission is to rewire the financial system to positively change the path of every hard-working American. In combination with its wholly-owned MALKA Media and Even Financial subsidiaries, MoneyLion uses its proprietary data advantage and technology to empower consumers to enhance their own wellbeing.
“We are excited to welcome another innovative financial technology leader to FTA’s membership,” said Penny Lee, Chief Executive Officer of the Financial Technology Association. “MoneyLion’s hyper-personalized, one-stop-shop gives consumers more control over their money and expands access to low-cost, responsible financial services for all Americans.”
“We share FTA’s belief in the transformative power of financial technology to improve consumers’ financial lives,” said Matt Kellogg, Vice President of Government Affairs at MoneyLion. “We look forward to working with FTA to advocate for policies that promote innovation and provide safe and affordable financial products for consumers.”
MoneyLion provides its customers with hyper-personalized access to financial products and services, as well as curated lifestyle and financial content that reflects each user’s unique interest and needs so that they can live their best life, every day. Consumers can choose among MoneyLion’s full suite of innovative financial products – including digital banking, earned wage access, automated investing, credit building loans, budgeting and financial tracking, among others. Since its founding in 2013, MoneyLion has empowered millions of customers to build their credit history and increase their credit scores, save for the future, establish their first investment account and take control of their MoneyLife.
The Financial Technology Association (FTA) champions the transformative role of financial technology for American consumers, businesses, and the economy. Representing some of the leading fintech companies, FTA elevates fintech’s power to increase competition and drive financial innovation through responsible products and services. As our members’ voice in Washington, FTA advocates for the modernization of regulation to support greater access to financial services.