Gen Digital to acquire MoneyLion for $1bn.

Gen Digital, a digital security solutions provider, agreed to acquire MoneyLion, a digital financial platform offering a comprehensive suite of financial products, for $1bn. "Gen has a family of consumer brands that's dedicated to protecting people's privacy, identity and financial assets so they can live their digital lives securely and without worry. By bringing MoneyLion into the Gen family, we're not only helping people protect what they already have, we're extending our capabilities to enable people to better manage and grow their financial wealth. We look forward to welcoming the MoneyLion team, so together, we can power digital and financial freedom," Vincent Pilette, Gen Digital CEO.