MoneyLion Launches New Cryptocurrency Offering With $1,000,000 Prize Pool Giveaway
13 Septiembre 2021 - 7:00AM
MoneyLion Inc. (“MoneyLion” or the “Company”), an award-winning,
data-driven, digital financial platform, today announced the launch
of its new cryptocurrency capabilities, enabling customers to buy
and sell digital currencies within the Company’s all-in-one app.
Eligible MoneyLion customers will initially be able to buy and sell
Bitcoin and Ethereum, as well as round-up their debit card
purchases in Bitcoin. In the coming months, the Company plans to
add more cryptocurrencies and related features to the offering.
“At MoneyLion, we are always looking for ways to advance our
mission of providing hardworking Americans with greater financial
access, and we’re thrilled to now extend that access to allow our
users to confidently explore the growing digital currency market,”
said Dee Choubey, MoneyLion co-founder and CEO. “We have been very
intentional in how we’ve integrated our crypto offering into the
platform by offering our members both the ability to transact
directly in digital assets along with a ‘found money’ approach that
enables them to gain exposure to the asset class slowly over time
by allowing them to round-up their debit card purchases in
Bitcoin.”
“We view the new cryptocurrency offering as an important part of
the MoneyLion platform, which includes banking, lending &
investing solutions along with tools to help our customers better
manage their finances, all in one app. Offering this emerging asset
class is a natural addition to our existing savings and investing
products, and supports our goal of providing customers with access
to a variety of asset classes, along with the tools and education
they are looking for to feel confident in their financial
decisions.”
MoneyLion’s cryptocurrency offering is supported by robust
educational content and resources to help customers understand
cryptocurrencies, the risk and opportunities related to buying and
selling cryptocurrencies and information on blockchain technology,
available both directly in the MoneyLion app as well as at
https://www.moneylion.com/cryptocurrency/.
The rollout is underway and will continue over the coming weeks,
with the new capabilities available to all eligible MoneyLion
customers on October 5.
MoneyLion to Sponsor $1,000,000 Crypto Prize
Pool
To mark the launch of the new service, MoneyLion is sponsoring a
$1,000,000 Crypto Prize Pool, offering early adopters of MoneyLion
Crypto a Bitcoin reward. New and existing customers who sign up for
a MoneyLion Crypto account and meet the eligibility requirements
between September 16 and October 5, 2021, will be entered into the
prize pool. The more participants who register, the greater the
prize pool will grow. At the end of the promotional period, the
entire pool funds will be equally distributed to all registrants,
for up to a total of $1,000,000 in Bitcoin. For more information on
the Prize Pool, including terms and conditions, visit
https://www.moneylion.com/crypto/.
MoneyLion’s cryptocurrency transaction and custody services are
powered by Zero Hash LLC and Zero Hash Liquidity Services LLC.
Trading and custody capabilities as well as the Crypto Prize Pool
are available to all eligible U.S. residents located outside of New
York and Hawaii.
About MoneyLion
MoneyLion is a mobile banking and financial membership platform
that empowers people to take control of their finances. Since its
launch in 2013, MoneyLion has engaged with over 8.5 million
hard-working Americans and has earned its members’ trust by
building a full-service digital platform to deliver mobile banking,
lending, and investment solutions. From a single app, members can
get a 360-degree snapshot of their financial lives and have access
to personalized tips and tools to build and improve their credit
and achieve everyday savings. MoneyLion is headquartered in New
York City, with offices in Sioux Falls and Kuala Lumpur, Malaysia.
MoneyLion has achieved various awards of recognition including the
2020 Forbes FinTech 50, Aite Group Best Digital Wealth Management
Multiproduct Offering, Finovate Award for Best Digital Bank 2019,
Benzinga FinTech Awards winner for Innovation in Personal Finance
2019 and the Webby Awards 2019 People’s Voice Award.
For more information about the company, visit www.moneylion.com.
For investor information and updates, visit
www.moneylion.com/investors and follow @MoneyLionIR on Twitter.
Contacts
MoneyLion Communicationspr@moneylion.com
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