Press release

MoneyLion Wins “Best Financial Literacy Tool” at Benzinga’s 2023 Global Fintech Awards

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MoneyLion Inc. (“MoneyLion”) (NYSE: ML), a leader in financial technology powering the next generation of personalized products and content, is proud to announce that it has been named “Best Financial Literacy Tool” at Benzinga’s 2023 Global Fintech Awards for a second consecutive year.

MoneyLion was honored alongside other top fintechs, banks, research companies and others, having earned “Best Financial Literacy Tool” in back-to-back years. MoneyLion continuously promotes financial literacy through innovative and personalized content, bridging the financial literacy gap by providing customized recommendations specific to consumer financial needs and goals. The MoneyLion app takes the innovation and digestibility of social media channels and short-form content and applies them to finance—engaging customers in a way that appeals to them and simplifies the topics. Along with equipping consumers with tailored financial content and insights, MoneyLion’s intuitive and AI driven marketplace meticulously aligns them with personalized product offerings to meet their financial needs and help them achieve their goals.

“The financial literacy gap is a pressing concern, and we are honored to be recognized as part of the solution,” said Dee Choubey, co-founder and CEO of MoneyLion. “We are committed to helping Americans build confidence and take control of their financial health and money decisions. This award directly aligns with our mission to give everyone the power to make their best financial decisions.”

In addition to receiving Benzinga’s Best Financial Literacy Tool, MoneyLion was a finalist in the “Best API” category for its financial marketplace enterprise business, Engine by MoneyLion.

The annual Benzinga Global Fintech Awards take pride in recognizing and honoring the companies and individuals propelling the Fintech and financial services industry forward with the most impressive technology advancements and innovations. A panel of industry experts from various companies reviewed and judged the nominations. Winners were announced at Benzinga’s Fintech Deal Day on November 13, 2023, where MoneyLion’s Chief Marketing Officer Cynthia Kleinbaum spoke on the panel, “Empowering Financial Education: Strategies for Promoting Literacy.”

For more information, please visit www.moneylion.com.

About MoneyLion

MoneyLion is a leader in financial technology powering the next generation of personalized products and content, with a top consumer finance super app, a premier embedded finance platform for enterprise businesses and a world-class media arm. MoneyLion’s mission is to positively change people’s financial path by rewiring the financial system and empowering them with greater financial literacy and access. In our go-to money app for consumers, we deliver curated content on finance and related topics, through a tailored feed that engages people to learn and share. People take control of their money life with our innovative financial products and marketplace – including our full-fledged suite of features to save and invest – seamlessly bringing together the best offers and content from MoneyLion and our 1,000+ enterprise partner network, together in one experience. MoneyLion’s enterprise technology provides the definitive search engine and marketplace for financial products, enabling any company to add embedded finance to their business, with advanced AI-backed data and tools through our platform and API. Established in 2013, MoneyLion connects millions of people with the financial products and content they need, when and where they need it.

For more information about MoneyLion, please visit www.moneylion.com.