MoneyLion acquires creator network and content platform Malka Media Group

Digital financial platform MoneyLion Inc. has acquired creator network and content platform Malka Media Group LLC.

MoneyLion expects the acquisition to be accretive and cash flow positive in 2022, co-Founder and CEO Dee Choubey said, according to a news release.

Malka will operate independently following the transaction. Louis Krubich, the company's founder and CEO, and Jeff Frommer, co-founder and president, will continue to lead the day-to-day operations together with partners Pat Capra and Dan Fried.

Terms of the acquisition were not disclosed.