MoneyLion is using big data to revolutionize consumer lending and help people achieve financial wellness.
MoneyLion is an online lending company that specializes in consumer personal loans. The company also provides free credit monitoring, personal financial management tools, and a rewards program encouraging good financial actions that can be used to redeem gift cards. It also offers data-based underwriting and recommendation engines that identifies what products makes sense and what actions customers can take to achieve their financial goals.
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MoneyLion will integrate TransUnion’s data and credit solutions into its hosted enterprise credit-decisioning platform and direct-to-consumer finance tools. Leveraging TransUnion’s data will help MoneyLion deliver …
Financial literacy disparities remain between Hispanics and non-Hispanics in the US, according to a new report from MoneyLion.