Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
MoneyLion ( (ML) ) has issued an update.
MoneyLion Inc. has successfully refinanced its senior debt by securing a $70 million loan facility with Silicon Valley Bank, significantly lowering its cost of capital by 550 basis points and extending debt maturity to 2029. This strategic move enhances MoneyLion’s financial position, allowing it to invest in innovation and expand its ecosystem, thus positioning itself as a leading destination for financial decisions.
For detailed information about ML stock, go to TipRanks’ Stock Analysis page.