Partnership with MoneyLion is Zogo's Largest
Fintech Platform Integration, Offering Financial Education to More
Than Three Million Users
Texas, Aug. 15, 2022 /PRNewswire/
-- MoneyLion Inc. ("MoneyLion") (NYSE: ML), the go-to
destination for personalized financial content, products and
advice, and Zogo, a Gen Z-powered financial literacy company,
announced their collaboration today that will provide enhanced
financial education to over three million MoneyLion users. The
partnership offers an essential blend of holistic and technological
innovation that for many years has been left out of the banking and
education industries. This is Zogo's largest integration with a
Fintech platform since its conception in 2018.
The two digital-first companies are teaming up to create crucial
content and a seamless experience for users via a co-branded design
effort of modules. MoneyLion customers can now easily access Zogo's
bite-sized education modules within the MoneyLion app's "Today
Feed" content. The Today Feed is a key element on MoneyLion that
brings together the power of community, data, knowledge and
expertise to help educate and empower customers to find the best
products and offers for them. Consumers will be able to make more
informed, responsible financial decisions based on the education
they receive every day. Skills users can learn from Zogo include,
but not limited to: investing, saving, budgeting, credit scores,
applying for loans, entrepreneurship, etc. With the implementation
of Zogo, MoneyLion is changing the conversation around money,
making it a positive one and reaching customers where they are by
providing an essential and engaging educational experience.
"At MoneyLion, we think about our customers each day and want to
provide them with the tools and know-how to become money savvy in a
way that's approachable and fun," said Tim
Hong, Chief Product Officer at MoneyLion. "Together with
Zogo and through MoneyLion's data science and machine learning
capabilities, each customer will receive a unique lineup of content
and information, and the tools necessary to help them achieve their
money goals, and at the same time, have the confidence to improve
their financial health with a hyper-personalized in-app
"Partnering with a premiere [neobank] such as MoneyLion is
a pivotal step toward Zogo's goal to bolster investor education for
consumers' prosperous financial futures," said Bolun Li, CEO at Zogo. "This is one of our
biggest leaps in the Fintech space, driving us closer to our
overall mission of reinventing financial education than ever
Shyam Pradheep, Zogo's Head of Operations adds, "It's been
unbelievable to watch and be a part of Zogo's growth journey from
our roots in dorm rooms and dining halls to now joining forces with
a Fintech giant like MoneyLion. Our partnership unlocks
opportunities for financial education and success for users across
the country, and we can't wait to reach new heights together."
Created in 2018 in a dorm room at Duke
University by three college students, Zogo has since
flourished into an industry leader in financial education. Its
award-winning suite of products offer bite-size modules and
tangible incentives to make financial literacy education
accessible, fun, and rewarding. Zogo partners with 200+ financial
institutions in all 50 U.S. states to help them educate, engage,
and empower the next generation of financial decision-makers.
Zogo's engaging app has garnered nearly one million users and won
numerous industry accolades, including "Best of Show" at Finovate
Fall 2019 and the NACUSO 2019 Next Big Idea Competition.
Bolun Li, Founder & CEO of Zogo,
was named one of Forbes 30 Under 30 in 2021. Li recently
appeared on NBC News Now and FOX 7 Austin to discuss the
criticalness of financial literacy. Li's work has also been
featured in Forbes, INSIDER, The Financial Brand, EdTech Digest,
The Learning Counsel, and more.
Zogo is headquartered in Austin,
To learn more, visit zogo.com.
MoneyLion is a leading digital financial services and lifestyle
content platform. MoneyLion's mission is to rewire the financial
system to positively change the path of every hard-working
American. MoneyLion uses its proprietary data advantage and
technology to empower its customers. MoneyLion engages and educates
its customers with daily, hyper-personalized money-related and
money-adjacent content that is delivered through each customer's
own content feed. MoneyLion provides its customers a full suite of
financial and non-financial solutions, bundling its proprietary,
low-cost financial products with products that are offered through
its marketplace technology and network affiliate partners.
MoneyLion also leverages its distinct data, technology, and network
advantages to deliver leading embedded finance and marketplace
solutions for enterprise customers. Since its founding in 2013,
MoneyLion has empowered millions of Americans to take control of
their finances and live their best financial life, every day.
MoneyLion is headquartered in New York
City, with offices in Jersey
City, Kuala Lumpur, Santa
Monica and Sioux Falls.
For more information about the company, visit www.moneylion.com.
Rogers & Cowan PMK
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