The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced that MoneyLion has joined the AFC as its newest member.
MoneyLion, a digital ecosystem for consumer finance that empowers everyone to make their best financial decisions, joins the fastest growing fintech association comprising responsible innovators delivering critical access to financial services.
“MoneyLion empowers millions of families to take control of their financial future, unlocking countless possibilities for people long forgotten by traditional financial institutions,” said Phil Goldfeder, Chief Executive Officer of AFC. “Responsible fintech companies like MoneyLion are building the true future of finance — honest innovations that make financial services and education more accessible for all.”
With more than fifteen million customers, MoneyLion provides personal finance products, tools, and features designed to make financial services more inclusive, transparent, and accessible to everyone. MoneyLion is a marketplace-first provider, offering borrowing, saving, credit, and banking solutions with both 1st-party and 3rd-party products, complemented by curated and original money-related content that delivers actionable insights and guidance. Additionally, MoneyLion provides innovative embedded finance marketplace solutions that match consumers with personalized offers from its partners, providing convenient access to an expansive breadth of financial solutions that enable consumers to borrow, spend, save, and achieve better financial outcomes.
“We are excited to join the AFC and look forward to collaborating with other fintech industry leaders to advocate for policies that drive financial inclusivity and innovation for millions of Americans,” said Dee Choubey, Founder and Chief Executive Officer of MoneyLion. “MoneyLion has long been committed to bridging the financial literacy and financial access gap for hard-working Americans, and we share in the AFC’s aims of providing better financial opportunities and outcomes to consumers.