MoneyLion launches RoarMoney banking app

Thursday 16 July 2020 10:00 CET | News

MoneyLion has teamed up with Mastercard to launch a mobile banking service called RoarMoney.

The service will provide an on-demand deposit account with access to interest-free cash advances, cashback rewards, and Tap&Go contactless payments. It is backed by MetaBank, a strategic investor in MoneyLion.

According to Mobile Payments Today, the RoarMoney account costs USD 1 a month, however, it has no monthly minimum balances or other hidden charges. Customers also have no-fee access to more than 55.000 ATMs.

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Keywords: MoneyLion, RoarMoney, banking, mobile app, MasterCard, partnership, mobile banking, Tap&Go, contactless, payments , Metabank
Categories: Banking & Fintech
Countries: United States
This article is part of category

Banking & Fintech