Acquisition AgreementMoneyLion announced it was being acquired by Gen Digital for $82 per share in cash, which is seen as a good outcome for investors.
Financial PerformanceMoneyLion’s Q3 results beat consensus with strong adjusted EBITDA margin expansion while guiding for a reacceleration in revenue growth.
Product ExpansionMoneyLion has added new offerings in credit cards, auto insurance, and the upcoming addition of mortgage products, which is encouraging for growth.