MoneyLion and NFP Partner to Provide Nationwide Insurance and Financial Wellness Offerings to MoneyLion Members

With today’s announcement, MoneyLion also launched the MoneyLion Marketplace, a platform that brings MoneyLion members together with category-leading brands, offers and value-added resources tailored to their personal needs.

Nationwide, one of the strongest, diversified Fortune 100 insurance and financial services companies will be the first insurer available to MoneyLion members through NFP and the MoneyLion Marketplace platform.

“Knowing what type and how much insurance to buy can be a daunting experience for many people, and yet it is an important foundation for any financial plan,” he said Dee Choubey, Co-Founder and CEO of MoneyLion. “As a leader in digital technology, insurance protection and customer service, Nationwide is a natural solution to helping our members evaluate the insurance options that are right for them.”

MoneyLion members can quickly and easily get a quote on a range of nationwide insurance products and, in some cases, reduce their expenses through the MoneyLion app.

“Meeting customers where they are is a key focus of Nationwide’s strategy and is key to our innovative partnership with NFP and MoneyLion,” he said Gary Douglas, President, Nationwide National Partners. “Partnering with NFP to deliver a digital solution through the MoneyLion Marketplace will improve the customer experience and attract consumers who want to quickly and easily submit and complete offers online.”

“MoneyLion’s focus on introducing innovative solutions goes well with our efforts to help customers solve problems and improve results,” he said Brett Woodward, Managing Director of NFP Personal Risk. “This partnership allows us to leverage the MoneyLion Marketplace platform to connect customer needs with a range of solutions through one easy-to-use interface. This is a great combination of expertise, innovation and collaboration that delivers meaningful service.” Value to MoneyLion members. “

Introduction to the MoneyLion Marketplace

MoneyLion Marketplace expands the range of tools and services that members can seamlessly access through the MoneyLion platform, making it easier to manage their financial lives with a single digital app.

MoneyLion’s AI-based fGPS® technology offers members personalized financial advice. This customized guide will ultimately be linked directly to the MoneyLion Marketplace to help members find highly relevant partners and offers when they need them most and are looking for solutions to meet their financial goals.

“We want to harness the power of technology and our all-in-one platform to meaningfully connect our members with industry-leading vendors and personalized offers to help them manage their financial needs today and plan for tomorrow,” added Choubey.

The introduction of MoneyLion Marketplace and the partnership with NFP build on the company’s recent momentum. in the October 2020MoneyLion announced a partnership with NFP Ventures to provide NFP’s employer clients with access to MoneyLion’s full range of financial instruments.

As previously announced, MoneyLion entered into a definitive agreement with Fusion Acquisition Corp. on February 12, 2021. (NYSE: FUSE) which will result in MoneyLion listing on the stock exchange in the first half of 2021 subject to customary closing conditions.

Become a MoneyLion Marketplace partner

Companies interested in the MoneyLion Marketplace platform can visit moneylion.com/partners for more information.

About MoneyLion

MoneyLion is a mobile banking and financial membership platform that allows people to take control of their finances. Since its inception in 2013, MoneyLion has partnered with 7.5 million hardworking Americans and gained the trust of its members by building a full-service digital platform for the delivery of mobile banking, credit and investment solutions. With a single app, members can get a 360-degree snapshot of their financial life and access personalized tips and tools to build and improve their credit and make savings every day. MoneyLion is headquartered in New York City, with offices in San Francisco, Salt Lake City, Sioux Falls, and Kuala Lumpur, Malaysia. MoneyLion has received various recognition awards, including the Forbes FinTech 50 2020, the best offer for digital wealth management multi-products from the Aite Group, the Finovate award for the best digital bank 2019, the Benzinga FinTech award winner for innovation in personal finance 2019 and the 2019 People’s Voice Award of the Webby Awards 2019. For more information, please visit www.moneylion.com or download the app.

About Nationwide

Nationwide a Fortune 100 company based in Columbus, Ohiois one of the largest and most diversified insurance and financial services organizations in The United States. Nationwide is rated A + by both AM Best and Standard & Poor’s. As the industry leader in promoting customer-centric innovation, Nationwide offers a full range of insurance and financial services products including auto, business, homeowner, farm and life insurance. Public and private sector retirement plans, annuities and mutual funds; Surplus & surplus, specialty and surety; Pet, motorcycle and boat insurance. More information is available at www.nationwide.com. Follow us on Facebook and Twitter.

About NFP

NFP is a leading insurance broker and consultant that offers tailor-made property and casualty insurance, corporate benefits, retirement provision and individual solutions through its licensed subsidiaries and affiliated companies. NFP enables customer success through the know-how of over 5,400 employees worldwide, investments in innovative technologies and lasting relationships with highly rated insurers, providers and financial institutions. NFP is the sixth largest privately held broker based in the United States, the fifth largest business intermediary by global revenue, and the eighth best place to work in the insurance industry (business insurance). 10th largest property and casualty insurance (Insurance Journal); and 13th largest global insurance broker (Best’s Review).

Media contacts:

MoneyLion:
[email protected]

Nationwide:
Lyndsey Kleven
[email protected]
614-507-0485

NFP:
Kelly Jones
[email protected]
512-697-6273

MoneyLion is not a licensed insurer
MoneyLion is not a licensed insurer and does not “sell”, “advertise” or “negotiate” under applicable state law. All insurance offers, products and / or policies received by MoneyLion members are provided by NFP in its capacity as a licensed insurance broker on behalf of its licensed insurance partners, including Nationwide. Nationwide, MoneyLion and NFP are separate and not affiliated companies.

Forward-Looking Statements
The information in this release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as “estimate”, “” plan, “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “aim,” or other similar expressions that predict or indicate events or trends or the future No statements about historical matters. These forward-looking statements include, but are not limited to, statements about estimates and projections of financial and performance measures, as well as expectations and timing of the potential benefits, conditions and timing of the transaction. These statements are based on various assumptions, regardless of whether they are mentioned in this press release or not, as well as to the act ual expectations of the management of MoneyLion and Fusion and are not predictions of actual performance. These forward-looking statements are presented for illustrative purposes only and are not intended as a guarantee, assurance, forecast or final statement of fact or probability and should not be relied on by any investor as such. Actual events and circumstances are difficult or impossible to predict and differ from the assumptions. Many actual events and circumstances are beyond the control of MoneyLion and Fusion. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and international business, market, financial, political and legal conditions. The inability of the parties to complete the proposed business combination successfully or in a timely manner, including the risk that required regulatory approvals will not be obtained, be delayed or be subject to unexpected conditions that could adversely affect the combined company or the expected benefits of the proposed combination or that the Failure to obtain the consent of the Fusion or MoneyLion shareholders; Failure to realize the anticipated benefits of the proposed business combination; Risks related to the uncertainty in the projected financial information relating to MoneyLion; future global, regional, or local economic and market conditions; the development, impact and enforcement of laws and regulations; MoneyLion’s ability to manage future growth; MoneyLion’s ability to develop new products and solutions, get them to market in a timely manner, and improve its platform; the impact of competition on MoneyLion’s future business; the number of redemption requests from Fusion’s public shareholders; the ability of the merger or the combined company to issue shares or equity-linked securities in connection with the proposed business combination or in the future; the outcome of potential litigation, governmental and regulatory proceedings, investigations and investigations; and those factors discussed in Fusion’s annual report under the heading “Risk Factors” and in other Fusion documents that have been or are to be filed with the Securities and Exchange Commission (“SEC”). If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results of these forward-looking statements. There may be additional risks that neither MoneyLion nor Fusion are currently aware of or which MoneyLion and Fusion currently consider to be immaterial and which could also mean that the actual results differ from those contained in the forward-looking statements. Additionally, forward-looking statements reflect MoneyLion and Fusion’s expectations, plans or projections with regard to future events and views as of the date of this press release. MoneyLion and Fusion assume that the assessments of MoneyLion and Fusion will change as a result of subsequent events and developments. While MoneyLion and Fusion may elect to update these forward-looking statements at a later date, MoneyLion and Fusion expressly disclaim any obligation to do so. These forward-looking statements do not represent the views of MoneyLion and Fusion as of the date of this press release. Accordingly, you should not place undue reliance on the forward-looking statements.

SOURCE MoneyLion

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