Virus-protection firm buys MoneyLion in $1 billion deal [Yahoo! Finance]
MoneyLion Inc. Class A (ML)
Company Research
Source: Yahoo! Finance
Prague-based Gen — which runs Norton, LifeLock and ReputationDefender — would buy MoneyLion's platform of credit-building loans and early payday offering. Pairing Gen's identity protection services with consumer lending would "power digital and financial freedom" for its customers, Gen CEO Vincent Pilette said in a news release Tuesday. "By bringing MoneyLion into the Gen family, we're not only helping people protect what they already have, we're extending our capabilities to enable people to better manage and grow their financial wealth," Pilette said. Dee Choubey, MoneyLion's co-founder and CEO, said pairing the companies' offerings would "create unmatched consumer value." The deal would also mean Gen inherits MoneyLion's battles with the Consumer Financial Protection Bureau, which in 2022 sued the fintech company . The CFPB claimed MoneyLion violated laws on interest charges for military members and said it trapped its customers into monthly subscriptions that were hard to c
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ML
News
- 'Beast Games' partnership with fintech company MoneyLion stirs controversy: Here's why [USA TODAY]USA TODAY
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ML, NURO, CARA on Behalf of ShareholdersAccesswire
- SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of MoneyLion Inc. (NYSE:ML) and Encourages Investors to Contact the Firm Accesswire
- MrBeast TV show faces controversy for fintech giveaway partner [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- MrBeast's show includes $4.2M giveaway with app critics say may trap other borrowers with high fees [Yahoo! Finance]Yahoo! Finance
ML
Earnings
- 11/7/24 - Miss
ML
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form SCHEDULE
- 12/16/24 - Form 144
- ML's page on the SEC website