From Wall Street to Fintech with MoneyLion CEO & Founder Dee Choubey | Okay, Computer.

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6 • 757 Ratings

🗓️ 4 December 2024

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dan Nathan and Guy Adami interview Dee Choubey, CEO and founder of MoneyLion. Dee shares his journey from being a banker on Wall Street to starting MoneyLion in 2013, driven by the lessons learned from the global financial crisis. He emphasizes the importance of using alternative data to provide financial services to underserved populations and discusses how the fintech landscape evolved post-2008 financial crisis. Dee also describes MoneyLion's transformation from a lender to a comprehensive financial platform offering credit, investment services, and more. The conversation touches on the impact of rising interest rates, their strategic pivot to a marketplace model, and the company's plans to scale operations by leveraging AI and data assets. The hosts also explore regulatory challenges and the company's strategic marketing and product expansion. — View our show notes here Learn more about Current: current.com Listen to 'Strategic Alternatives': https://www.rbccm.com/en/gib/ma-inflection-points Email us at [email protected] with any feedback, suggestions, or questions for us to answer on the pod and follow us @OkayComputerPod. We’re on social: Follow @dee_bosa on Twitter Follow @GuyAdami on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page

Transcript

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0:00.0	Guy, I'm sure you're already up to speed on all things current.
0:03.5	Of course I am.
0:04.1	Their app makes managing your money saving even building credit super easy, Dan.
0:08.7	They have a new feature called Paycheck Advance.
0:11.1	You can get up to $500 before payday when you switch your paycheck and qualify.
0:15.7	Now that I didn't know.
0:16.9	So now when you sign up and you set up direct deposit, you unlock so much more.
0:22.1	And it's super easy to get started.
0:23.7	Just go to current.com slash okay.
0:26.0	That's okay-a-y.
0:27.5	That's current.com slash okay.
0:30.5	Current is a financial technology company, not a bank.
0:33.5	Banking services provided by Choice Financial Group member FDIC and Cross River Bank member FDIC.
0:40.0	Paycheck Advance is offered by Finco Advance LLC, a financial technology company, not a bank.
0:45.7	Eligibility and available amounts may vary and are subject to change at any time.
0:49.8	For full terms and conditions, visit current.com or call 888-851-1172 for more information.
0:58.0	Will M&A pick up in 2024?
1:00.0	Will this year mark the return of IPOs?
1:02.1	Listen to strategic alternatives, a podcast from RBC Capital Markets, to get fresh insights
1:07.1	on the trends in market forces impacting deal flow across sectors and find out how
1:11.9	companies and investors are preparing for potential surge in deal activity and what signals
1:16.4	to watch for this year. Listen and subscribe to strategic alternatives, the RBC Capital
	...

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