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.
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
Sources
- crowdfundinsider.com /2021/12/184355-moneylion-to-acquire-even-financial-inc-an-embedded-finance-marketplace/