Business Combination (Details) $ / shares in Units, $ in Thousands |
9 Months Ended |
|---|---|
|
Sep. 30, 2021
USD ($)
$ / shares
shares
| |
| Business Combination (Details) [Line Items] | |
| Common Stock, par value (in Dollars per share) | $ / shares | $ 0.0001 |
| Business combination description | ●all outstanding warrants to purchase shares of Legacy MoneyLion Preferred Stock or Legacy MoneyLion Common Stock (“Legacy MoneyLion Warrants”) were either exercised and ultimately converted into shares of Legacy MoneyLion Common Stock or terminated; ●11,231,595 outstanding shares of Legacy MoneyLion Common Stock (which includes the shares of Legacy MoneyLion Common Stock issued to former holders of Legacy MoneyLion Warrants) were cancelled in exchange for the right to receive 184,285,695 shares of MoneyLion Common Stock; ●2,360,627 outstanding and unexercised options to purchase shares of Legacy MoneyLion Common Stock (“Legacy MoneyLion Options”) converted into options to acquire 38,732,676 shares of MoneyLion Common Stock, of which 18,861,298 options are vested and 19,871,378 options are unvested; and ●each holder of an outstanding share of Legacy MoneyLion Common Stock (following the Conversion) and/or Legacy MoneyLion Options (each such holder, an “Earnout Participant”) also received the right to receive the applicable pro rata portion of MoneyLion Common Stock (the “Earnout Shares”) with respect to each share of MoneyLion Common Stock or option exercisable for shares of MoneyLion Common Stock, contingent upon MoneyLion Common Stock reaching certain price milestones. |
| Sale of initial public offering shares (in Shares) | shares | 25,887,987 |
| Cash proceeds | $ 301,062 |
| Redemptions issuance shares (in Shares) | shares | 42,862,013 |
| Upon consummation description | Upon consummation of the Transactions: ●each outstanding share of Fusion Class B common stock automatically converted into one share of MoneyLion Common Stock; and ●outstanding warrants to purchase the common stock of Fusion automatically converted into warrants to purchase shares of MoneyLion Common Stock. As of the Closing Date and following the completion of the sale of 25,000,000 shares of MoneyLion Common Stock in the PIPE Financing, MoneyLion had the following outstanding securities: ●227,147,708 shares of MoneyLion Common Stock; ●38,732,676 MoneyLion options, of which options to purchase 18,861,298 shares of MoneyLion Common Stock were vested and options to purchase 19,871,378 shares of MoneyLion Common stock were unvested; and ●17,500,000 public warrants, each exercisable for one share of MoneyLion Common Stock at a price of $11.50 per share and 8,100,000 private placement warrants, each exercisable for one share of MoneyLion Common Stock at a price of $11.50 per share (assumed from Fusion). Conversion of Legacy MoneyLion shares was calculated utilizing the Exchange Ratio of approximately 16.4078 per share of MoneyLion Class A Common Stock (the “Exchange Ratio”). |
| Net increase in cash | $ 301,062 |
| Business combination proceeds | 250,000 |
| Underwriter fees | $ 13,150 |
| PIPE [Member] | |
| Business Combination (Details) [Line Items] | |
| Public stockholders shares (in Shares) | shares | 25,000,000 |
| Sponsor [Member] | |
| Business Combination (Details) [Line Items] | |
| Public stockholders shares (in Shares) | shares | 8,750,000 |
| Fusion [Member] | |
| Business Combination (Details) [Line Items] | |
| Public stockholders shares (in Shares) | shares | 9,112,013 |
| Series of Individually Immaterial Business Acquisitions [Member] | |
| Business Combination (Details) [Line Items] | |
| Business combination per share (in Dollars per share) | $ / shares | $ 10 |
| business combination aggregate amount | $ 258,896 |
| Costs for the business combination | 56,638 |
| Transaction costs | $ 11,136 |