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MoneyLion Personal Loan Apps may Offer In Bitcoin, and Cryptocurrency : US loan app
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Just now big news has come that US investors, banks, and asset management are investing in Bitcoin and Crypto. Now it is being told that US loan apps are also trying to invest in Cryptocurrency currency. It is being told that top US loan apps like MoneyLion, Brigit, Possible Finance, and borrow money apps are now providing loans to their millions of customers in Bitcoin and Crypto. So now let us tell you that there is an increasing demand for Bitcoin that many digital platforms like US banks, Firms, and Institutions are accepting payments in Bitcoin. MoneyLion and Brigit have approximately 30M+ customers who will hold Bitcoin personally in the future and can also be given the opportunity to buy and hold Bitcoin in their Personal Loan. First of all, let me tell you that MoneyLion and Brigit are the largest loan app companies in the US, which provide loans to approximately 10% of the US population based on their credit score. So in such a situation, let me tell you that Moneylion and Brigit are online lending companies that can give you a loan of up to $100,000 USD in the future. On the other hand, due to the increasing number of credit card payment dues, online installed apps will not get a lot of benefits.
Why MoneyLion and Brigit Loan Apps Accept Crypto and Bitcoin?
By the way, let me tell you that due to the high number of loan dues for the MoneyLion app, Brigit has been running at a complete loss for the last 5 years. Due to this, the price of Moneylion Inc. stock has fallen by almost 90% but now MoneyLion is making a recovery for the first time because in the year 2023, the stock price of Money Lion bottomed to almost $12. But still, the market cap of the Money Lion app is around $500m which was increased to around $2 billion in 2021. Now the way the recovery of the Money Lion app is going on, in the same way, many leading companies in the US want to make the first entry in the world of web3 or DeFi by joining hands with MoneyLion and Brigit. The second thing is that MoneyLion has been able to sell its leading financial technology to BlackRock and many US financiers due to running in loss for the last 5 years. Due to this, it is now being said that due to the increasing demand for Bitcoin and Ethereum in the coming few months, most of the loan app companies in the US will give you facilities like Bitcoin and DeFi.
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