MoneyLion Inc, a fintech startup announced that it will soon launch its new cryptocurrency function, enabling eligible customers to buy and sell digital currencies in its all-in-one application (initially supporting Bitcoin and Ethereum), and the new product also includes the Round up function.

The service will be open to all eligible U.S. customers outside of New York and Hawaii on October 5.

To commemorate the launch of the new service, MoneyLion sponsored a $1,000,000 crypto prize pool to provide early adopters of MoneyLion Crypto with bitcoin rewards. New and existing customers who register for a MoneyLion crypto account and meet the eligibility requirements between September 16th and October 5th, 2021 will enter the bonus pool.

MoneyLion provides banking, lending, and investment solutions in its app. It reported 1.8 million customers in June this year and plans to go public on the New York Stock Exchange through a special purpose acquisition company (SPAC) Fusion Acquisition Corp later this month.

By Mary Liu