MoneyLion / Even Financial 2021
MoneyLion acquired Even Financial for $440M on December 17, 2021.
- Target
- Even Financial
- Acquirer
- MoneyLion
- Deal value
- $440M
- Announced
- December 17, 2021
- Sub-sector
- Embedded Finance
Transaction overview
- MoneyLion announced the acquisition of Even Financial on December 17, 2021 for $440M.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquire embedded finance marketplace to expand MoneyLion's product distribution, enhance recommendation engine, and reach consumers through financial institution partnerships.
Deal terms & multiples
Frequently asked questions
How much did MoneyLion pay for Even Financial?
MoneyLion acquired Even Financial for $440M, announced on December 17, 2021.
When did MoneyLion announce the acquisition of Even Financial?
MoneyLion announced the acquisition of Even Financial on December 17, 2021.
What sub-sector is Even Financial in?
Even Financial is tracked in the Embedded Finance sub-sector.
Sources
- crowdfundinsider.com /2021/12/184355-moneylion-to-acquire-even-financial-inc-an-embedded-finance-marketplace/