SAN FRANCISCO, Sept. 15, 2022 (GLOBE NEWSWIRE) — Zendrive, a mission-driven firm making roads safer with information and analytics, as we speak introduced its partnership with MoneyLion Inc. (“MoneyLion”) (NYSE: ML), the go-to vacation spot for personalised monetary content material, merchandise, and recommendation. Zendrive is powering MoneyLion’s providing, giving their thousands and thousands of customers an opportunity to save on their auto insurance with safer driving habits.
MoneyLion clients can entry this system utilizing the MoneyLion app. Once MoneyLion clients decide into this system, Zendrive’s embedded Software Development Kit (SDK) analyzes how customers drive throughout a brief take a look at drive expertise. During this trial interval, customers get direct suggestions on their driving habits (i.e., on whether or not they’re checking their telephones or laborious braking often), which may assist them drive safer and enhance their probabilities of incomes a reduction on auto insurance. Once the take a look at drive is full, MoneyLion clients that meet the qualification standards might instantly qualify for an unique low cost from companion auto insurance affords by Zendrive’s Insurance Qualification Lens (“IQL”) resolution.
News of MoneyLion and Zendrive becoming a member of forces aligns with a current announcement that Zendrive is increasing its IQL resolution to over 50M customers by these kinds of partnerships with main US client apps. “At Zendrive, we’re thrilled about extending our IQL program to millions of US consumers through our partnership with MoneyLion, helping drivers across states get an exclusive opportunity to be rewarded for their safer driving habits,” stated Dennis Ellis, President of Zendrive.
The partnership with Zendrive helps MoneyLion additional its mission – to rewire the monetary system so each buyer can stay their greatest life with out worrying about cash – by leveraging information to make insurance fairer and extra inexpensive. “MoneyLion is changing the mindset and culture around money, empowering our customers to take control of their finances and better their future,” stated Tim Hong, Chief Product Officer at MoneyLion. “With Zendrive, we’re taking a big stride toward that effort by making auto insurance more affordable for our users nationwide.”
To be a part of this system, obtain the MoneyLion app at app.moneylion.com on the App Store or by Google Play.
About Zendrive
Zendrive’s mission is to make roads safer by information and analytics. Its award-winning Mobility Risk Intelligence (MRI) platform — powered by 200 billion miles of knowledge gathered from 100s of thousands and thousands of drivers throughout the globe — helps insurers perceive and mitigate mobility threat, lowering the chance of collisions by 49%. The platform additionally helps insurers discover and purchase most popular threat drivers by Zendrive’s huge writer community with entry to lots of of thousands and thousands of customers. With an enticing take a look at drive expertise, collaborating client purposes ship financial savings to their clients whereas additionally diversifying income streams. The firm has been acknowledged as considered one of Fast Company‘s Most Innovative Companies and gained the 2017 Best Startup in San Francisco award.
About MoneyLion
MoneyLion is the go-to vacation spot for personalised monetary content material, merchandise, and recommendation. MoneyLion’s mission is to rewire the monetary system to positively change the trail of each hard-working American. MoneyLion makes use of its proprietary information benefit and expertise to empower its clients. MoneyLion engages and educates its clients with day by day, hyper-personalized money-related and money-adjacent content material that’s delivered by every buyer’s personal content material feed. MoneyLion gives its clients with a full suite of economic and non-financial options, bundling its proprietary, low-cost monetary merchandise with merchandise which might be supplied by its market expertise and community affiliate companions. MoneyLion additionally leverages its distinct information, expertise, and community benefits to ship main embedded finance and market options for enterprise clients. Since its founding in 2013, MoneyLion has empowered thousands and thousands of Americans to take management of their funds and stay their greatest monetary life, on daily basis.
For extra details about the corporate, go to www.moneylion.com. For investor data and updates, go to buyers.moneylion.com and observe @MoneyLionIR on Twitter.
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