NFP and MoneyLion Extend Partnership and Fully Integrate WellCents Financial Wellbeing Solution and NFP Investment Portfolios with MoneyLion Financial Platform
NFP employer clients can now offer their employees access to more financial tools and investment offers through the MoneyLion platform
NEW YORK, November 30, 2021 / PRNewswire-PRWeb / – NFP, a leading insurance broker and consultant providing P&C, benefits, retirement and individual solutions, and Silver Lion (NYSE: ML), an award-winning, data-driven digital financial platform, today announced the extension of its existing partnership. MoneyLion has integrated with NFP’s WellCents, a comprehensive financial wellness solution, to deliver personal financial services to 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 that NFP’s investment offering will be available through a fully digital solution.
“MoneyLion and NFP share a common goal: to help investors take control of their financial lives,” said Nick della vedova, retired president for NFP. “This partnership truly broadens and enriches the financial solutions offered to our clients’ employees.
The WellCents solution was designed to empower people 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 execute a plan using the options of investment available through the MoneyLion app.
“We are excited to deepen our relationship with NFP by providing robust digital investment options to the hundreds of thousands of clients that NFP serves daily, alongside MoneyLion’s other powerful banking and lending products,” said Jon Stevenson, Head of Business Development at MoneyLion. “With integrated access to the MoneyLion platform, all employees, regardless of their compensation or savings level, will have a set of tools that will help them achieve their financial and personal goals through guidance and to the referrals they receive through WellCents. “
“With the integration of MoneyLion, WellCents users have easy access to tools at their fingertips to help them take the actions necessary to achieve their financial, investing and credit management goals,” said Jamie hayes, the national leader of WellCents and senior vice president of retirement at NFP. “Over the past 18 months, we’ve seen many employers redouble their efforts to support their employees. Solutions such as those offered by MoneyLion are in high demand by many of our customers.
About Money Lion
MoneyLion (NYSE: ML) is a mobile banking and finance membership platform that empowers people to take control of their finances. Since launching in 2013, MoneyLion has engaged with 9.4 million hard-working Americans and earned the trust of its members by creating a full-service digital platform to deliver banking, lending and mobile investment. From a single app, members can gain a 360-degree view of their financial life and access personalized advice and tools to build and improve their credit and save money every day. MoneyLion is headquartered at New York City, with offices in Sioux Falls and Kuala Lumpur, Malaysia. MoneyLion has won several recognition awards, including the Forbes FinTech 50 2020, the Aite Group’s best digital wealth management multi-product offering, the Finovate award for the best digital bank 2019, the winner of the Benzinga FinTech awards for innovation in Personal Finance 2019 and the 2019 Webby Awards 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 specialist P&C, benefits, retirement and personal solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of more than 6,000 employees worldwide, investments in innovative technologies and long-lasting relationships with highly rated insurers, suppliers and financial institutions. NFP is the 5th largest employee benefits broker in terms of global revenue, the 5th best place to work in insurance and the 6th largest private broker based in the United States (Business Insurance); 9th largest business lines agency by P&C business line turnover and 10th largest P&C agency (Insurance Journal); and 13th largest insurance broker in the world (Best’s Review).
Visit NFP.com to find out how NFP helps clients achieve their goals.
Media contact
Kelly jones, NFP, 512-697-6273, kelly.jones@nfp.com
SOURCE PFN
