# MoneyLion

> Source: https://docs.barcoder.ai/docs/wallets/moneylion
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [MoneyLion — official](https://www.moneylion.com/)

## Overview

**MoneyLion** is a **US financial "super-app"** operated by **MoneyLion Inc. (NYSE: ML)**, founded **2013** <sup>[1][1], [2][2]</sup>. MoneyLion bundles a mobile banking account ("RoarMoney"), debit card, cash advances ("Instacash"), investing, a credit-builder loan, and a marketplace of third-party financial products. It went public via SPAC in 2021 and was later announced to be acquired by Gen Digital. In 2025, Gen Digital (owner of Norton/Avast) completed its acquisition of MoneyLion.

## History

**2013 — MoneyLion founded** <sup>[2][2]</sup>: Co-founded by **Diwakar Choubey** (CEO), **Chee Mun Foong** and **Pratyush Tiwari** as a data-driven personal-finance platform.

**2019-2020 — RoarMoney banking + Instacash + investing** <sup>[2][2]</sup>: MoneyLion expanded from lending into a full financial super-app.

**2021 — Public via SPAC (NYSE: ML)** <sup>[2][2]</sup>: Listed publicly; acquired content/embedded-finance assets (e.g., MALKA, Even Financial/Engine).

**2025 — Acquired by Gen Digital** <sup>[2][2]</sup>: Gen Digital (Norton, Avast, LifeLock) completed its acquisition of MoneyLion, folding it into a consumer-finance + cyber-safety portfolio.

## Ownership & operator

**Operating entity**: **MoneyLion Inc.** (NYSE: ML).

**Co-founders**: **Diwakar Choubey** (CEO), **Chee Mun Foong**, **Pratyush Tiwari** <sup>[2][2]</sup>.

**Parent (post-2025)**: **Gen Digital Inc.** (acquirer) <sup>[2][2]</sup>.

**Regulators**: Deposits FDIC-insured via partner bank; SEC/FINRA for investing; state-level money transmission.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | MoneyLion mobile app (iOS + Android) + RoarMoney debit card |
| **Identifiers** | Email + phone + debit card number + SSN |
| **US rails** | ACH + card network |
| **Card network** | Mastercard (RoarMoney debit) |
| **Wallets** | Apple Pay + Google Pay via EMV tokenization |
| **Distinctive** | Instacash advances; Credit Builder Plus loan; investing; financial-product marketplace (Engine embedded-finance) |

## Implementations & partners

**Operator**: **MoneyLion Inc.** (now part of Gen Digital).

**Partner bank**: FDIC-insured partner-bank account issuance (RoarMoney).

**Competitors**: [Chime](https://docs.barcoder.ai/docs/wallets/chime), [Dave](https://docs.barcoder.ai/docs/wallets/dave), [Current](https://docs.barcoder.ai/docs/wallets/current), [Varo Bank](https://docs.barcoder.ai/docs/wallets/varo), [SoFi](https://docs.barcoder.ai/docs/wallets/sofi) and other US neobank / super-app fintechs.

## Status

**Active; acquired by Gen Digital (2025)** <sup>[1][1], [2][2]</sup>:
- **MoneyLion Inc.** — US financial super-app, NYSE-listed (ML), now under Gen Digital ownership.
- Banking, advances, investing, credit-builder and a financial-product marketplace; partner-bank issued.
- Precise current member/financial metrics vary by filing; not pinned here (~).

## Sources

[1]: https://www.moneylion.com/ "MoneyLion — official"
[2]: https://en.wikipedia.org/wiki/MoneyLion "MoneyLion — Wikipedia"
[3]: https://techcrunch.com/tag/moneylion/ "MoneyLion coverage — TechCrunch"

- [1] [MoneyLion — official][1]
- [2] [MoneyLion — Wikipedia][2]
- [3] [MoneyLion coverage — TechCrunch][3]

## Source

Biography extracted from [moneylion.md](https://docs.barcoder.ai/source/wallets/moneylion). See `matrix.md` for standards-support matrix if present.