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MoneyLion ( (ML) ) has shared an update.
Gen Digital Inc. announced its acquisition of MoneyLion Inc. to enhance its financial wellness offerings. This merger will allow Gen to incorporate MoneyLion’s consumer finance platform and AI capabilities, significantly expanding Gen’s customer base and strengthening its position in the digital financial sector.
More about MoneyLion
MoneyLion is a leader in financial technology, offering a comprehensive digital ecosystem for consumer finance. The company provides a personal finance platform featuring credit building and financial management services. It also offers a B2B2C AI recommendation platform, expanding its reach through a network of enterprise partners.
YTD Price Performance: 22.84%
Average Trading Volume: 197,430
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $854.9M
Learn more about ML stock on TipRanks’ Stock Analysis page.