MoneyLion is using big data to revolutionize consumer lending and help people achieve financial wellness.
MoneyLion is an online lending company that specializes in consumer personal loans. The company also provides free credit monitoring, personal financial management tools, and a rewards program encouraging good financial actions that can be used to redeem gift cards. It also offers data-based underwriting and recommendation engines that identifies what products makes sense and what actions customers can take to achieve their financial goals.
Pitchbook is reporting mixed fintech performance as public fintech companies delivered mixed returns during the first quarter of 2024.
Consumers want loyalty rewards, but not if it means having to work their way through a complicated digital interface. Retailers including Albertsons and PetSmart are …
Jeanniey Walden of Rite Aid and Cynthia Kleinbaum Milner of MoneyLion discuss the importance of loyalty programs and customer lifetime value.