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Fintech Company MoneyLion Prepares To Offer Crypto Services And Go Public Through SPAC
Summary: MoneyLion, a New York-based financial technology company, is opening up crypto services to enter this innovative market. The company stated in an investor report today that it will launch a new crypto trading platform for customers to trade, round-up, earn rewards in digital assets and use a crypto wallet for P2P payments. MoneyLion also plans to ...
MoneyLion, a New York-based financial technology company, is opening up crypto services to enter this innovative market.
The company stated in an investor report today that it will launch a new crypto trading platform for customers to trade, round-up, earn rewards in digital assets and use a crypto wallet for P2P payments.
MoneyLion also plans to go public through a special purpose acquisition company (SPAC), which will merge with Fusion Acquisition Corp. (NYSE: FUSE).
MoneyLion, established in 2013, currently provides a range of financial services to 7.5 million customers, including loans, investment, and banking. Investment bank FT Partners said that SPAC will make MoneyLion's post-trade valuation reach $2.9 billion.
By Mary Liu
Tags: Crypto Trading,MoneyLion,SPAC
Link: Fintech Company MoneyLion Prepares To Offer Crypto Services And Go Public Through SPAC [Copy]
