Gen Digital Acquires MoneyLion in $1 Billion Deal

The cybersecurity company aims to expand its financial services by integrating MoneyLion's credit-building and personal finance tools.

Gen Digital, owner of Norton and LifeLock, will purchase fintech MoneyLion for $82 per share in an all-cash deal valued at approximately $1 billion.
The acquisition will bring MoneyLion's 18 million users and financial tools, including credit-building loans and early paycheck access, into Gen's ecosystem.
Gen Digital plans to pair its cybersecurity and identity protection services with MoneyLion's financial wellness offerings to enhance consumer value.
The deal has been approved by both companies' boards and is expected to close in the first half of Gen Digital's fiscal year 2026.
MoneyLion's ongoing legal challenges with the Consumer Financial Protection Bureau over alleged unfair practices will transfer to Gen Digital as part of the acquisition.