Moneylion Inc Stock Price, News & Analysis

MoneyLion Inc. (NYSE: ML) has announced its participation in two major financial conferences in May. The 18th Annual Needham Technology & Media Conference will take place on May 16th in New York, NY, and the J.P. Morgan 51st Annual Global Technology, Media and Communications Conference is scheduled for May 23rd in Boston, MA. MoneyLion is a leader in financial technology, offering personalized products and content to its users through its consumer finance mobile app and enterprise platform. The company aims to enhance financial literacy and accessibility, connecting millions with essential financial resources. For additional inquiries, interested parties can reach out to MoneyLion’s investor relations team.

MoneyLion Inc. (NYSE: ML) announced a 1-for-30 reverse stock split of its Class A common stock, effective at 5:01 p.m. ET on April 24, 2023. Following the split, trading will commence on a reverse split-adjusted basis on April 25, 2023. The total number of authorized shares will be reduced from 2 billion to 66.67 million. Stockholders will receive cash for any fractional shares resulting from the split. Proportionate adjustments will also be made to outstanding equity awards and warrants. The move aims to enhance the company's share price and attractiveness for institutional investors, while the existing warrants will continue to trade under the symbol ML WS.

MoneyLion Inc. (NYSE: ML) is set to release its financial and operational results for the first quarter of 2023 on Tuesday, May 9, 2023, at 10:00 a.m. ET. Investors can join a conference call to discuss these results, which will also be webcast live on the company’s investor relations website. MoneyLion, a leader in financial technology, aims to enhance financial literacy and accessibility through a comprehensive suite of personalized financial products. Investors can access supporting materials and later view a replay of the call.

MoneyLion (NYSE: ML) is launching a gamified marketing campaign in New York City for Financial Literacy Month starting April 1st. The initiative encourages consumers to find play money with QR codes that unlock money hacks and cash rewards up to $1,000. The campaign will include weekly themes, focusing on topics such as wealth building and shopping hacks. MoneyLion aims to address financial illiteracy, noted to affect over 1/3 of Americans (36%). Alongside the scavenger hunt, the company will provide exclusive content from financial influencers.

MoneyLion Inc. has rebranded its embedded finance platform Even Financial to Engine by MoneyLion, reflecting an expanded array of capabilities. This change comes after MoneyLion’s acquisition of Even in February 2022. The new brand aims to ensure seamless integration and improved user experience by leveraging advanced AI-backed data and personalized financial product recommendations. With a network of over 1,000 partners, Engine by MoneyLion has facilitated more than $7 billion in financial products. CEO Dee Choubey highlighted the importance of this evolution in enhancing financial accessibility and driving company performance.