NFP and MoneyLion Expand Partnership, Fully Integrate NFP’s WellCents Financial Wellness Solution and Investment Portfolios with MoneyLion’s Financial Platform

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NEW YORK (PRWEB) 

NFP, a leading insurance broker and consultant that provides property and casualty, corporate benefits, retirement and individual solutions, and MoneyLion (NYSE:ML), an award-winning, data-driven, digital financial platform, today announced an expansion of their existing partnership. MoneyLion has integrated with NFP’s WellCents, a comprehensive financial wellness solution, to offer personal financial services to the employees of WellCents employer-clients directly through its digital app.

The integration extends the reach of MoneyLion’s suite of financial solutions to NFP WellCents users. Through the MoneyLion platform, WellCents users now have access to seven different investment portfolios designed by the NFP retirement advisors investment team. This is the first time NFP’s investment offering will be made available through a fully digital solution.

“MoneyLion and NFP share a common purpose in helping investors take control of their financial lives,” said Nick Della Vedova, president of retirement for NFP. “This partnership truly broadens and enriches the financial solutions offered to our clients’ employees.”

The WellCents solution was built to empower individuals to improve all aspects of their financial world. Now, through the partnership and integration with MoneyLion, the financial assessment and goal setting tools available in WellCents have been brought together, making it easy for individuals to put a plan into action using investment options available through the MoneyLion app.

“We are thrilled to deepen our relationship with NFP by providing robust digital investment options to the hundreds of thousands of clients NFP serves on a daily basis, alongside MoneyLion’s other powerful banking and lending products,” said Jon Stevenson, Head of Corporate Development at MoneyLion. “With embedded access to MoneyLion's platform, all employees – regardless of compensation or savings level – will have a toolset that assists them in achieving both their financial and life goals with the advice and guidance they receive through WellCents.”

"With the MoneyLion integration, WellCents users have at their fingertips, easy access to the tools to help them take the necessary steps to meet their financial, investing and credit management goals,” said Jamie Hayes, the national leader of WellCents and Senior Vice President of Retirement at NFP. "During the past 18 months, we've seen many employers redouble their efforts to support their employees. Solutions such as those offered through MoneyLion are in high demand for many of our clients.”

About MoneyLion
MoneyLion (NYSE: ML) is a mobile banking and financial membership platform that empowers people to take control of their finances. Since its launch in 2013, MoneyLion has engaged with 9.4 million hard-working Americans and has earned its members’ trust by building a full-service digital platform to deliver mobile banking, lending, and investment solutions. From a single app, members can get a 360-degree snapshot of their financial lives and have access to personalized tips and tools to build and improve their credit and achieve everyday savings. MoneyLion is headquartered in New York City, with offices in Sioux Falls and Kuala Lumpur, Malaysia. MoneyLion has achieved various awards of recognition including the 2020 Forbes FinTech 50, Aite Group Best Digital Wealth Management Multiproduct offering, Finovate Award for Best Digital Bank 2019, Benzinga FinTech Awards winner for Innovation in Personal Finance 2019 and the Webby Awards 2019 People’s Voice Award.

For more information about the company, visit http://www.moneylion.com. For investor information and updates, visit http://www.moneylion.com/investors and follow @MoneyLionIR on Twitter.

About NFP
NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 6,000 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 5th best place to work in insurance and 6th largest US-based privately owned broker (Business Insurance); 9th commercial lines agency by P&C commercial lines revenue and 10th largest property and casualty agency (Insurance Journal); and 13th largest global insurance broker (Best’s Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

Released November 30, 2021