Utah-based financial services company MoneyLion has raised $42m in a series B round led by Edison Partners. The start-up's mobile app offers a range of services, including robo-advice and personal loans, to underserved middle-class clients. The firm claims to have originated 1.5 million loans to 250,000 customers. MoneyLion's total funding to date is $67m.
Utah-based financial services company MoneyLion has raised $42m in a series B round led by Edison Partners. The start-up's mobile app offers a range of services, including robo-advice and personal loans, to underserved middle-class clients. The firm claims to have originated 250,000 loans to 1.5 million customers. MoneyLion's total funding to date is $67m.