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››Davis Polk, White & Case Steer SPAC Union for $ 2.4 billion FinTech

Davis Polk, White & Case Steer SPAC Union for $ 2.4 billion FinTech

By Blake G. Keller
March 11, 2021
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Law360 (Feb.12, 2021, 5:28 p.m. EST) – MoneyLion, in collaboration with Davis Polk, on Friday unveiled plans to go public and form a $ 2.4 billion mobile banking platform through a merger with a special purpose acquisition company, guided by White & Cas.

Venture-backed digital financial platform MoneyLion Inc. said in a press release that as the next step in its mission to “rewire a broken banking system,” it will pass its name on to Fusion Acquisition Corp. ., which will remain listed on the stock exchange. on the New York Stock Exchange.

“We’re using transformative technology to bring the private banking experience to everyone – in one app,” MoneyLion said …

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