MoneyLion Raises Annual Revenue Guidance (FUSE)
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MoneyLion Raises Annual Revenue Guidance
September 8, 2021 8:55 AM EDTNEW YORK, Sept. 08, 2021 (GLOBE NEWSWIRE) -- MoneyLion Inc. (MoneyLion or the Company), an award-winning, data-driven, digital financial platform, announced today an update to its annual guidance for fiscal years 2021, 2022 and 2023, ahead of the planned closing of its previously announced business combination (the Business Combination) with Fusion Acquisition Corp. (NYSE: FUSE) (Fusion).
The revised guidance reflects higher projected user growth, along with the expected revenue contribution of planned product launches this year, including MoneyLions new Crypto and Buy Now Pay Later offerings, that are expected to ramp through 2022 and reach full scale in 2023.
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