MoneyLion: Acquired B2B fintech Even Financial in a deal worth up to $440 million
- MoneyLion’s all-in-one, digital financial solution gives people access to a comprehensive suite of products
- Founded in 2014, Even provides a search, comparison, and recommendation engine via an embeddable API
- Even’s embedded finance marketplace includes more than 400 financial institutions and 500 channel partners
- Co-founder and CEO Dee Choubey claim Even has “revolutionised” how consumers receive recommendations for financial services
- Choubey says combining Even’s recommendation engine with products and open architecture marketplace
- It will pay $360 million upfront comprised of $15 million in cash and $345 million in shares
