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Millions of people in the United States alone live paycheck to paycheck. Those individuals often look for ways to improve their finances, boost their credit score and obtain loans whenever they're experiencing financial straits.

While there are many platforms to help people take control of their finances, one of the most popular is MoneyLion.

This platform opened its digital doors in 2013 and has since amassed nearly four million users. But what does this fintech platform offer?

Mobile Banking

One of the most popular products is mobile banking. This platform provides users with an FDIC-insured bank account called RoarMoney. The account comes with zero hidden fees. It also offers daily rewards and fee-free ATM use at thousands of machines.

Users also have the option to get their paychecks up to two days early.

Cash Advances and Loans

Another reason many people turn to this platform is the cash advances and loan options. Depending on your membership tier and income, you may unlock loans and advances up to $1,000. This feature does come with additional fees, and how much they'll cost you depends on many factors.

Investing

If you're new to investing, this platform may be worth exploring. Most users of this platform are first-time investors, and it provides an easy way to learn the ropes. It's easy to open an investment account and start putting money away towards improving your financial situation.

You can enroll in auto investing by rounding up purchases or setting a schedule to set money aside every paycheck. This platform charges zero management fees and has no minimum balances. Choose your investment strategy to create a personalized portfolio that helps you meet your goals.

Crypto

Finally, this platform provides an easy way to invest and hold crypto. You can buy or sell crypto 24 hours a day. Users may also set the app to round up purchases and set spare change aside to invest.

If you're new to crypto, the platform has many tools to help you learn. Understand where your money goes and make confident choices about what crypto to buy.

Author Resource:-

Emily Clarke writes about cash advances, overdraft protection & finance apps. You can find her thoughts at overdraft protection blog.

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