Moneylion Inc Stock Price, News & Analysis

MoneyLion Inc. announced the appointment of Mark Torossian as Chief Accounting Officer, effective April 1, 2022. With over 16 years of financial leadership experience, Torossian joined MoneyLion in January 2022 and previously served as Chief Accounting Officer at Salt Blockchain Inc. and held senior roles at OnDeck Capital Inc. and Bank of New York Mellon. He will oversee the company's accounting and reporting functions, reporting to CFO Rick Correia. Torossian is a certified public accountant and an adjunct professor at Pace University.

Even Financial has partnered with Tally to integrate Tally's low-interest credit offerings into its embedded finance marketplace. This partnership aims to assist consumers in managing credit card debt, which currently totals nearly $1 trillion in the U.S. Eligible members can access Tally's line of credit, up to $25,000, via the Even platform. This addition enhances Even's expansive network of over 400 financial service partners, allowing for seamless financial product integration and management.

MoneyLion Inc. (NYSE: ML) reported record financial results for Q4 and full year 2021, with net revenue increasing 146% to $55.6 million in Q4 and 115% to $171.1 million for the year. Total customers grew 129% year over year to 3.3 million, and originations reached $1.1 billion, a 165% increase. Despite these gains, the company recorded a net loss of $27.6 million in Q4 and $164.9 million for 2021. The acquisition of MALKA Media Group was completed in November, enhancing their digital platform capabilities.

MoneyLion Inc. (NYSE:ML), a leading digital financial platform, will participate in key financial conferences this March. The KBW Fintech & Payments Conference is scheduled for March 1 in New York City, followed by the Wolfe FinTech Forum on March 10, also in New York City. Lastly, the 34th Annual ROTH Conference will take place on March 14 in Dana Point, California, with a webcast available for the presentation. MoneyLion offers a comprehensive digital platform designed to empower users in managing their finances.

MoneyLion Inc. (NYSE: ML) will release its financial results for Q4 and full year 2021 on March 10, 2022, at 8:30 a.m. ET. An earnings conference call will follow, allowing investors to engage directly. Interested participants can dial in at 1-877-502-7184 or 1-201-689-8875 internationally. A live audio webcast will also be available on MoneyLion's Investor Relations website. The company emphasizes its mission to empower users in managing their finances through a comprehensive digital platform.

MoneyLion Inc. (NYSE: ML) has successfully acquired Even Financial Inc., enhancing its digital finance platform by increasing distribution and diversifying revenue streams. The acquisition integrates Even’s network of over 400 financial institutions, allowing consumers better access to loans, credit cards, and other financial products. Expected to be accretive to MoneyLion’s earnings in 2022, Even is anticipated to contribute positive EBITDA. The first phase of product integration is already complete, enhancing the offerings within MoneyLion’s Marketplace.

MoneyLion Inc. (NYSE:ML) announced that Co-Founder and CEO Dee Choubey, along with CFO Rick Correia, will participate in a fireside chat at the 23rd Annual Credit Suisse Financial Services Forum in Key Biscayne, Florida, on Thursday, February 17, 2022, at 1:50 p.m. ET. The event will include one-on-one meetings throughout the day. A live webcast and replay of the chat will be available on MoneyLion’s Investor Relations website for 90 days after the presentation. MoneyLion is a digital financial platform that has engaged over 9.4 million users since its launch in 2013.

MoneyLion Inc. (NYSE:ML), a leading digital financial platform, announced participation in the 24th Annual Needham Growth Conference on January 12 at 11:30 a.m. ET. Co-Founder and CEO Dee Choubey and CFO Rick Correia will engage in a fireside chat and host one-on-one meetings. A live webcast and replay will be accessible via MoneyLion's investor relations website for 90 days. The company, established in 2013, has served over 9.4 million customers, offering comprehensive mobile banking, lending, and investment solutions.

MoneyLion (NYSE: ML) announced its acquisition of Even Financial for up to $440 million, aimed at enhancing its digital financial platform. This deal is expected to significantly improve MoneyLion's distribution capabilities by tapping into Even's network of over 900 partners and is projected to be accretive to earnings, contributing $90 million in revenue and positive EBITDA in 2022. The transaction will expand MoneyLion’s addressable market within the rapidly growing $230 billion embedded finance industry.