MoneyLion
also invests · investor profileNew York, US · Founded 2013 · Delaware corporation · 7 known investors
MoneyLion is a financial technology company offering consumer banking products including spend accounts, savings accounts with variable APY, a debit Mastercard with cash back rewards, and a membership plan with added services and insurance benefits. It provides a marketplace connecting users to third-party financial products, with banking services provided by Pathward, National Association.
ConsumerFintechMarketplaces
Founders & leadership
MoneyLion was founded in 2013 by Diwakar Choubey, Pratyush Tiwari, and Chee Mun Foong.
DC
Diwakar ChoubeyPresident, Chief Executive Officer and Assistant Secretary
PT
Pratyush TiwariChief Information Officer and Treasurer
CM
Chee Mun FoongChief Technology Officer
TH
Tim HongSVP, Marketing & Product
RC
Richard CorreiaChief Financial Officer and Secretary
JC
John ChrystalNamed on SEC filing
SR
Samantha RoadyNamed on SEC filing
GD
Greg DePetrisNamed on SEC filing
Board
CS
Investors · 7
Clocktower VenturesSanta Monica · $100K – $20M
ConvergeCambridge · $500K – $5M
FinTech CollectiveNew York City · $100K – $10M
PruVen Capital PartnersLos Altos · $100K – $10M
Upper90Providence · $5M – $25M
Edison PartnersreportedNashville · $5M – $25Mvia Chris Sugden · board
Montage VenturesreportedMenlo Park · $4M
Reported raises · per SEC filings
Form D private placements$85.7M disclosed across 4 rounds · 2016–2018
▶$28.8MraisedAug 2018 · 6 investors · Commercial BankingRule 506(b)
▶$28.8MraisedAug 2018 · 6 investors · Commercial Banking
Rule 506(b)Officers, directors & promoters on the filing
- Chris SugdenDirector
- Pratyush TiwariExecutive Officer
- Jon StevensonExecutive Officer
- Richard CorreiaExecutive Officer
- Diwakar ChoubeyExecutive Officer, Director, Promoter
- Samantha RoadyDirector
- John ChrystalDirector
- Greg DePetrisDirector
- Tim HongExecutive Officer
- Chee Mun FoongExecutive Officer, Director
- Offering amount
- $40M
- Amount sold
- $28.8M
- Minimum investment
- $1
- First sale
- Jul 2018
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$41.8MraisedJan 2018 · 10 investors · Commercial BankingRule 506(b)
▶$41.8MraisedJan 2018 · 10 investors · Commercial Banking
Rule 506(b)Officers, directors & promoters on the filing
- John ChrystalDirector
- Chris SugdenDirector
- Diwakar ChoubeyExecutive Officer, Director, Promoter
- Samantha RoadyDirector
- Greg DePetrisDirector
- Tim HongExecutive Officer
- Richard CorreiaExecutive Officer
- Pratyush TiwariExecutive Officer
- Chee Mun FoongExecutive Officer, Director
- Offering amount
- $41.8M
- Amount sold
- $41.8M
- Minimum investment
- $1
- First sale
- Nov 2017
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$3MraisedSep 2017 · 2 investors · Commercial BankingRule 506(b)
▶$3MraisedSep 2017 · 2 investors · Commercial Banking
Rule 506(b)Officers, directors & promoters on the filing
- Chris SugdenDirector
- Diwakar ChoubeyExecutive Officer, Director, Promoter
- John ChrystalDirector
- Ken KimExecutive Officer
- Tim HongExecutive Officer
- Greg DePetrisDirector
- Pratyush TiwariExecutive Officer
- Samantha RoadyDirector
- Offering amount
- $3M
- Amount sold
- $3M
- Minimum investment
- $1
- First sale
- Jun 2017
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$12.1MraisedDec 2016 · 9 investors · Commercial BankingRule 506(b)
▶$12.1MraisedDec 2016 · 9 investors · Commercial Banking
Rule 506(b)Officers, directors & promoters on the filing
- Samantha RoadyDirector
- Chee Mun FoongExecutive Officer, Director
- John ChrystalDirector
- Tim HongExecutive Officer
- Pratyush TiwariExecutive Officer
- Chris SugdenDirector
- Ken KimExecutive Officer
- Diwakar ChoubeyExecutive Officer, Director, Promoter
- Offering amount
- $24.6M
- Amount sold
- $12.1M
- Minimum investment
- $1
- First sale
- Nov 2016
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 6
by search overlapExperian59561 shared keywordsExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
Credit Karma36819 shared keywordsCredit Karma is an AI-powered personal finance platform that provides free credit scores, credit monitoring, cashflow insights, and financial marketplace services to help consumers understand and manage their finances. The platform serves over 140 million members with tools for credit analysis, tax filing, and financial opportunity identification.
Chase36381 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
Capitalone35217 shared keywordsCapital One is a financial services company that offers credit cards, checking and savings accounts, auto financing, and business banking products to consumers and small businesses. The company provides digital banking tools, rewards programs, and credit monitoring services.
SmartAsset26008 shared keywordsFisher Investments is a global money management and financial advisory firm that provides portfolio management, financial planning, and retirement planning services primarily to high-net-worth individuals and institutional clients. The firm manages investments across equities, fixed income, and blended accounts using an active, forward-looking investment approach.
CBS News22858 shared keywordsCBS News is a news organization publishing reporting and video coverage on U.S. and world politics, business, science, health, and entertainment, including its free CBS News 24/7 streaming service.
Companies competing with MoneyLion for the same Google search keywords, organic and paid, via search-intersection analysis.
Frequently asked questions
- What does MoneyLion do?
- MoneyLion is a financial technology company offering consumer banking products including spend accounts, savings accounts with variable APY, a debit Mastercard with cash back rewards, and a membership plan with added services and insurance benefits. It provides a marketplace connecting users to third-party financial products, with banking services provided by Pathward, National Association.
- Who founded MoneyLion?
- MoneyLion was founded by Diwakar Choubey, Pratyush Tiwari, Chee Mun Foong in 2013.
- Who are MoneyLion's investors?
- MoneyLion's investors include Clocktower Ventures, Converge, FinTech Collective, PruVen Capital Partners, Upper90, Edison Partners, Montage Ventures.
- How much funding has MoneyLion raised?
- MoneyLion has disclosed $85.7M raised across 4 rounds.
- Where is MoneyLion headquartered?
- MoneyLion is headquartered in New York, US.