Mobile Bank MoneyLion to Go Public

Special purpose acquisition companies (SPACs) have started to gain more traction as more fintech companies go public last year and this year.  Challenger bank MoneyLion is planning to go public via blank-check merger in $2.9 billion deal.  SPACs raises capital through an IPO to acquire an existing private company without going through the typical IPO process.

 

To Read More Here about MoneyLion to Go Public.

 

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