NEW YORK, April 19, 2022 /PRNewswire/ — Even Financial (“Even”), the category-leading integrated finance marketplace and independent subsidiary of MoneyLion, Inc. (NYSE: ML), announced that it has now facilitated more than $5 billion in consumer credit, from March 2022. Leveraging machine learning and advanced data science, Even solves a significant problem in customer acquisition in financial services by seamlessly connecting financial service providers and channel partners through its state-of-the-art API. and its integrated financial markets.
“To go past $5 billion of consumer credit facilitated by our marketplace is a huge achievement for Even as we continue to help build the future of fintech,” said Phil Rosen, Founder and Managing Director. “Access to credit has long been a challenge for many working Americans, and we are committed to alleviating this issue by providing consumers with personalized financial service offerings that meet their needs, when they need it most. . $5 billion milestone reaffirms our mission to drive meaningful value for both consumers and our partners.”
Even has expanded its integrated financial market offerings beyond loans to cover a range of additional financial services, including credit cards, mortgages, savings and insurance products. In loans, Even offers the largest network of premium and connected loan providers – across a wide range of products, including unsecured personal loans, secured personal loans, line of credit, loan refinance student and car loan refinance. Leading financial service providers, such as LendingClub and SoFi, partner with Even to reach qualified consumers seeking loans, benefiting from Even’s unrivaled network and native integrations.
The company continued its rapid growth trajectory in 2022, expanding its network to include more than 400 financial services partners and 500 channel partners. Even’s marketplace technology enables any business to add financial products to their business, with full compliance and security at scale. Earlier this year, Even announced the closing of its acquisition by MoneyLion, the award-winning digital finance platform, which will continue to advance its combined efforts to provide financial access and advice to hard-working Americans.
About Even Financial
Even digitally connects and connects consumers with real-time, personalized financial product recommendations from banks, insurance companies, and fintechs on mobile apps, websites, and other touchpoints. digital contact thanks to its market technology. Even’s infrastructure leverages machine learning and advanced data science to solve a significant problem in customer acquisition in financial services, by seamlessly connecting financial service providers (such as SoFi ) and distribution partners (such as TransUnion) through its state-of-the-art API and integrated financial markets. Even enables any business to add financial products to their business, with full compliance and security at scale. Even was named one of “America’s Top Startup Employers” by Forbes for 2022 and was named to the 2021 Deloitte Technology Fast 500, which recognizes the world’s fastest growing technology companies. evenfinancial.com.
SOURCEEven Financial, Inc.