MoneyLion Inc (NYSE:ML)
$ 40.39 1.25 (3.19%) Market Cap: 443.02 Mil Enterprise Value: 539.07 Mil PE Ratio: 310.69 PB Ratio: 1.59 GF Score: 51/100

MoneyLion Inc at JPMorgan Global Technology, Media and Communications Conference Transcript

May 23, 2023 / 08:35PM GMT
Release Date Price: $11.43 (+11.30%)
John Hall

Good afternoon. Welcome to the MoneyLion session this afternoon. I'm John Hall. I'm Vice Chairman of Investment Banking. I've been a FinTech banker for a long time. Pleased today to have Dee Choubey, who is the Founder and CEO of MoneyLion along with Rick Correia, who's the CFO, who's right there, why don't you raise your hand Rick (inaudible). Thank you.

As many of you know, MoneyLion is a digital banking platform with a unique and visionary business model, which we'll spend some time talking about offering consumer and enterprise solutions, which is not your typical construct. The company is headquartered in New York City went public through a SPAC merger in September 2021, and here we are today.

Before we jump into our conversation, I want to congratulate both Dee and Rick and the team overall for tremendous performance that has exceeded both expectations and their guidance. In the last 2 quarters, growing respectively 71% and 34%, added over 1 million customers in each of the last 2 quarters. For now, we have a total of almost 8 million, and they had their first adjusted EBITDA

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