About
MoneyLion was a consumer finance super app offering banking, lending, and investing. Grew to 20.4M customers and $546M revenue (up 29%) in 2024. Acquired by Gen Digital (Apr 2025) for $82/share (~$1B) plus up to $23/share in CVRs. Previously public on NYSE: ML. Also operated embedded finance platform and media arm.
Key Facts
- [1]Funding: Total funding: $268M. Last round: Apr 2025. Stage: Growth.
- [2]Employees: Employee count: 501-1,000.
- [3]Acquisition: Acquired by Gen Digital.
- [4]Company Type: Acquired company.
- [5]Website: Official website: moneylion.com.
- [6]AI Technology: Core AI/ML technologies: Predictive ML.
- [7]Region: Region: Americas (United States).
Founders
Dee Choubey
Co-founder & CEO
Prashan Agarwal
Co-founder & COO
Chee Mun Foong
Co-founder & CTO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is MoneyLion (Gen Digital)?
MoneyLion was a consumer finance super app offering banking, lending, and investing. Grew to 20.4M customers and $546M revenue (up 29%) in 2024. Acquired by Gen Digital (Apr 2025) for $82/share (~$1B) plus up to $23/share in CVRs. Previously public on NYSE: ML. Also operated embedded finance platform and media arm. MoneyLion (Gen Digital) is classified in the Enterprise Finance segment at the Applications layer of the financial AI stack.
Who founded MoneyLion (Gen Digital)?
MoneyLion (Gen Digital) was founded by Dee Choubey (Co-founder & CEO), Prashan Agarwal (Co-founder & COO), and Chee Mun Foong (Co-founder & CTO). The company was acquired by Gen Digital.
How much funding has MoneyLion (Gen Digital) raised?
MoneyLion (Gen Digital) has raised $268M in total funding, placing the company at the Growth stage. The most recent round closed in Apr 2025. Among 79 funded Enterprise Finance companies, MoneyLion (Gen Digital) ranks #20 by total capital raised. (Source: AIFI Map directory.)
What AI technology does MoneyLion (Gen Digital) use?
MoneyLion (Gen Digital) primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Enterprise Finance segment, 58 companies use this technology.
What market segment does MoneyLion (Gen Digital) operate in?
MoneyLion (Gen Digital) operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.
Where is MoneyLion (Gen Digital) headquartered?
MoneyLion (Gen Digital) is headquartered in New York, United States. The company operates in the Americas region. The team consists of 501-1,000 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are MoneyLion (Gen Digital)'s competitors?
Companies similar to MoneyLion (Gen Digital) in the Enterprise Finance space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does MoneyLion (Gen Digital) offer?
MoneyLion (Gen Digital) builds applications-layer solutions for the financial services industry. The company's core offering: AI-powered financial membership. The platform is powered by Predictive ML technology.
Is MoneyLion (Gen Digital) publicly traded?
MoneyLion (Gen Digital) is no longer independently traded. The company was acquired by Gen Digital. Prior to the acquisition, MoneyLion (Gen Digital) had raised $268M in venture funding.