Last month, mobile banking and financial services FinTech MoneyLion said it reached an agreement with Fusion Acquisition that would take MoneyLion public at an enterprise value of about $2.4 billion when the deal closes in the first half of this year.
In an interview with PYMNTS, MoneyLion CEO and Co-founder Dee Choubey said the SPAC route gives the FinTech “more degrees of freedom” in pursuing its long-term goals of growth and innovation. Read more.
