NEW YORK--(BUSINESS WIRE)--LendIt Fintech, the world’s leading event in financial services innovation, announced today that MoneyLion, the financial operating system revolutionizing the way middle-class Americans save, invest, and build their credit, was named the Top Emerging Technology Company by LendIt Fintech. This award is given to the company that the judges view as providing the greatest technological impact and growth in the fintech community.
MoneyLion was selected out of hundreds of applicants worldwide and by more than 30 respected fintech industry experts who judged finalists representing innovation, growth, emerging talent, and top performers. The prestigious award brought together fintech influencers, entrepreneurs, and thought leaders to honor outstanding achievements in financial services innovation.
Earlier this week, MoneyLion announced its big alternative to traditional banks by introducing a suite of premium banking products designed for all Americans, not just the affluent.
“As we aim to build the most rewarding financial platform for all Americans, we take great pride in being selected as the Top Emerging Technology Company by LendIt Fintech,” said MoneyLion CEO and co-founder, Dee Choubey. “This recognition highlights our dedication to serving the financial middle class as we strive to empower our customers with a simplified financial solution to save, borrow, and invest in today’s market.”
“This year’s winners are the most innovative companies disrupting the future of finance in order to improve the quality of daily life,” said Peter Renton, co-founder and co-chairman, LendIt Fintech. “We were yet again impressed by the number of high-caliber nominees and look forward to celebrating these companies that have made impressive contributions to the fintech industry.”
MoneyLion is a leading mobile finance platform that empowers consumers to take control of their financial lives through better products for borrowing, saving, and investing. Founded in 2013 by a team of leading technologists and financiers, MoneyLion uses superior analytics and machine learning-based technology to gain a 360-degree view of its users’ personal finances, enabling uniquely personalized advice and underwriting. With its built-in system of rewards, points, and incentives, MoneyLion encourages good financial behavior and better financial outcomes. MoneyLion is headquartered in New York with offices in San Francisco, Salt Lake City, and Kuala Lumpur, Malaysia. For more information, visit www.moneylion.com or download the app here.
About LendIt Fintech
LendIt Fintech is a recognized global internet finance industry leader, founded in New York in 2013. Its aim is to gather industry elites to discuss and explore latest trends in the development of international financial technology. LendIt Fintech has become the largest event in financial services innovation as it hosts three annual conferences, LendIt Fintech USA, LendIt Fintech Europe, and Lang Di Fintech, and dozens of complementary online and in-person industry events. LendIt Fintech also owns and operates one of the world’s leading industry educational channels, Lend Academy.
MoneyLion’s affiliate, ML Wealth LLC, is a Registered Investment Advisor with the SEC. MoneyLion Plus members’ investments are protected by the SIPC (Securities Investor Protection Corporation) for up to $500,000. Brokerage services provided to clients of ML Wealth by Drive Wealth LLC, a member of FINRA/SIPC. Other services provided by our affiliates including ML Plus, LLC. This communication and all data are for informational purposes only and do not constitute a recommendation to buy or sell securities. Past performance is no guarantee of future results. Keep in mind investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money. Nothing in this communication should be construed as an offer, recommendation, or solicitation to buy or sell any securities or services.