An all-in-one digital financial solution provider, MoneyLion Inc., recently announced that it will provide eligible MoneyLion users with free tax filing services through a recent partnership with Column Tax, a personal income tax software company. This partnership will further offer a simplified tax filing process to save time and cost associated with services.
MoneyLion's RoarMoneySM Banking (an FDIC-insured demand deposit account that delivers a full suite of premium banking features) customers can now file their taxes easily, conveniently, and cost-free with this partnership. In addition, this integration will allow eligible users to directly file within MoneyLion's app without relying on any external services that have hidden fees or are challenging to use.
Tax returns can be filed quickly and easily in under 15 minutes. Additionally, users who use MoneyLion to file their taxes will have access to their return up to two days earlier than the other service providers. To help its customers navigate the challenges of this tax season, MoneyLion is combining its new offering of tax filing services with a suite of relevant educational content. In addition, both organizations place a premium on customer service priorities like open data, user-friendliness, and cost disclosure.
Tim Hong, Chief Product Officer at MoneyLion, said, "MoneyLion's strategic partnership with Column Tax allows us to continue to democratize access to financial services and education to all Americans," He also said, "Our missions are closely aligned, as they seek to educate and enable every American to have seamless access to their tax refunds so they can save, invest, pay off debt and meet their financial goals throughout the year. By offering our users high quality services and education, we aim to bring additional value to our offerings and help people take control of their finances."
(Source: Business Wire)
About MoneyLion
A one-stop platform for all financial personalized content, products, and advice, MoneyLion, founded in 2013, aims to rewire the financial system and bring positive change to Americans. The company engages and educates customers with regular hyper-personalized money-related and money-adjacent content provided through customers' feeds. In addition, it offers its customers a full suite of financial and non-financial solutions, creating its proprietary minimum-cost financial products, including digital banking, cash advances, credit-building loans, budgeting, automated investing, financial tracking and reward. It also uses unique data, network advantages, and technology to deliver leading embedded finance and marketplace solutions.