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MoneyLion is a well-known name in financial technology, offering services such as personal loans, credit monitoring, and investment opportunities. However, with the rise of various apps like MoneyLion, consumers today have many options for managing their finances. Many are looking for alternatives that better suit their needs, leading them to explore apps like MoneyLion for more personalized solutions.
This article will explore the top 15 MoneyLion alternatives, each offering unique features and advantages.
Top 15 Apps Like MoneyLion
Let’s deep dive into the top 15 apps like MoneyLion and why they are good options to choose from.
| Apps like MoneyLion | Key Features | Notes |
|---|---|---|
| Beem | AI-powered expense tracking | Excellent for users seeking expense analysis and insights |
| Robust budgeting tools | Simple for creating and managing budgets | |
| Connects to multiple bank accounts | Simplifies monitoring your overall finances | |
| Add-on services (insurance, tax filing, loans, etc.) | A bit of a “financial supermarket” | |
| Even | Automatic savings program | Best if you struggle to save consistently |
| *Income/expense tracking * | Provides basic spending insights | |
| Flexible pay scheduling | Ideal if pay and bill cycles don’t match | |
| PayActive | Early access to earned wages | Targets employees needing funds before payday |
| Savings features & financial education | Promotes healthier financial habits | |
| Possible | Lower-interest short-term loans | Good for avoiding predatory payday loans |
| Flexible repayments | Easier than rigid traditional loans | |
| Helps build credit history | Potential for improving credit scores | |
| HonestLoans | Connects with various lenders | Simplifies searching for loans |
| Personal, installment, & payday loan options | Covers different borrowing needs | |
| Albert | AI-powered savings recommendations | Identifies areas where you can cut costs |
| Budgeting features | Standard budgeting functionality | |
| Cash advances | Offers a lifeline for urgent needs | |
| Empower | Detailed spending analysis | Great for seeing exactly where your money goes |
| Budgeting tools and savings features | All-in-one financial management | |
| Chime | Early direct deposit | Faster access to income |
| No hidden fees | Transparent & user-friendly banking | |
| High-yield savings | Grow your money a bit faster | |
| DailyPay | On-demand access to earned wages | Employee-focused, avoids payday loans |
| Budgeting tools | Promotes financial health | |
| Avant | Quick online personal loans | Good if you need cash fast |
| Personalized loan terms | Tailored rates based on your credit profile | |
| Earnin | Access to unpaid wages between paychecks | No-fee model (tipping is optional) |
| Balance Shield overdraft protection | Helps keep your account afloat | |
| Flexwage | On-demand earned wage access | More employee financial wellness |
| Financial planning tools | Encourages budgeting and saving | |
| Cleo | AI chatbot for financial questions | User-friendly for those who aren’t finance-savvy |
| Expense tracking & budgeting | Standard money management tools | |
| Ingo Money | Fast, mobile check cashing | Ideal if you don’t use direct deposit often |
| Wealthfront | Automated, diversified investing | Good for hands-off wealth building |
| Tax optimization strategies | Helps minimize your tax burden |
1. Beem
One of the best apps like MoneyLion, is Beem. It is an AI-powered Smart Wallet app that has gained attention for its user-friendly approach to money management. At its core, Beem aims to simplify the often complex world of personal finance. Here’s a closer look at what Beem offers:
Expense Tracking Made Easy: Beem excels in helping users track their expenses effortlessly. By categorizing and analyzing spending patterns, it provides valuable insights into where your money is going. This feature alone can be a game-changer for those seeking better financial control.
Practical Budgeting Tools: With Beem’s robust budgeting tools, creating and managing budgets is a breeze. It allows you to set financial goals and monitor your progress. Whether saving for a vacation, paying off debt, or just trying to spend less, Beem has you covered.
Streamlined Account Management: One of the standout features of Beem is its ability to connect multiple bank accounts. This means you can see all your financial information in one place, making understanding your overall financial health easier.
Add ons: Apart from the above. Beem has other add-ons. Get affordable car insurance quotes, file taxes for absolutely free and pick the best personal loans and high-yield savings accounts.
Play store ratings:
3.9star
14.9K reviews
1M+Downloads
Apple store ratings:
4.3 • 21.3K Ratings
2. Even
Even is another financial app that has gained popularity recently. Even focuses on helping users optimize their income and expenses to reduce financial stress and improve overall financial health. Here’s what Even brings to the table:
Automatic Savings: Even’s automatic savings feature is a game-changer. It analyzes your income and spending patterns and accordingly sets aside money in a dedicated savings account.
Expense Tracking: Even provides insights into your spending habits so you can cut costs and save more. Understanding your spending patterns is crucial for financial success and Even makes it easy.
Flexible Pay Scheduling: One of Even’s standout features is its flexible pay scheduling. If your paycheck aligns differently from your bill due dates, Even can help by allowing you to schedule payments when it’s most convenient.
3. PayActive
PayActive takes a different approach by targeting employee financial wellness. PayActive’s primary goal is to provide employees access to a small portion of their earned wages before they get their salary. This promotes financial stability and reduces reliance on payday loans and overdraft fees.
Access to Earned Wages: PayActive allows employees to get a portion of their already earned wages, addressing immediate financial needs without resorting to high-interest loans. This timely access to funds can be a game-changer for those living paycheck to paycheck.
Savings and Financial Education: In addition to wage access, PayActive offers savings features and financial education resources to help employees build better financial habits. This holistic approach to financial wellness empowers employees to take control of their finances.
Employer Partnerships: PayActive collaborates with employers to provide this financial wellness benefit to their employees. This benefits employees and contributes to a more financially stable and productive workforce.
Play store ratings:
4.3star
26.4K reviews
500K+Downloads
Apple store ratings:
4.8 • 46.7K Ratings
4. Possible
Possible is a MoneyLion alternative that has emerged as a alternative to traditional payday loans. It recognizes that many individuals face unexpected expenses or cash-flow challenges and offers a more affordable and flexible solution.
Reasonable Interest Rates: Possible offers short-term loans with interest rates significantly lower than traditional payday lenders. This helps borrowers avoid the debt cycle often associated with payday loans.
Flexible Repayment: Borrowers can choose a repayment schedule that suits their financial situation. This makes it easier to manage the loan without incurring late fees or penalties.
Builds Credit: Possible reports repayments to credit bureaus, allowing borrowers to establish or improve their credit scores over time.
Play store ratings:
4.0star
50.8K reviews
1M+Downloads
Apple store ratings:
4.8 • 103.9K Ratings
5. HonestLoans
HonestLoans operates as a platform that connects borrowers with a network of lenders. It simplifies the loan application process and offers personal, installment, and payday loans.
Streamlined Application: HonestLoans streamlines the loan application process, saving borrowers time and effort.
Multiple Loan Options: Borrowers can explore various loan options, selecting the one that best aligns with their financial needs and goals.
Secure and Transparent: HonestLoans maintains a secure and transparent platform, ensuring the safety and privacy of borrowers’ personal and financial information.
Also Read: Solo Funds Alternatives
6. Albert
Albert combines the power of artificial intelligence with human guidance to help users make sound financial decisions, save money, and reduce unnecessary expenses.
Savings Recommendations: Albert provides personalized recommendations on how users can save money and cut unnecessary expenses. It analyzes spending patterns and identifies potential areas for savings.
Budgeting Tools: Users can create and manage budgets within the app, helping them stay on track with their financial goals.
Cash Advances: Albert offers cash advances to users, providing them with financial support when needed. This feature can be a helpful safety net for unexpected expenses.
Play store ratings:
4.1star
91.3K reviews
5M+Downloads
Apple store ratings:
4.6 • 172.5K Ratings
7. Empower
Empower is an all-in-one financial app designed to help users optimize their financial lives. It offers tools for tracking spending, saving money, and making informed financial decisions.
Spending Analysis: Empower’s spending analysis feature helps users track their expenses and gain insights into their financial habits. This information empowers users to make informed decisions about their spending.
Play store ratings:
4.7star
155K reviews
1M+Downloads
Apple store ratings:
4.8 • 168.7K Ratings
8. Chime
Chime has gained recognition as a modern mobile banking platform. It offers many features to make managing money more accessible, from early direct deposit to no hidden fees.
Early Direct Deposit: Chime allows users to receive their paychecks up to two days before traditional banks, giving them quicker access to their money.
No Hidden Fees: Chime prides itself on transparency, with no monthly fees, overdraft fees, or foreign transaction fees.
High-Interest Savings Account: Chime provides a savings account with a competitive interest rate to help users grow their money.
Also Read: Best Klover Alternatives
Play store ratings:
4.6star
6.18L reviews
1Cr+Download
Apple store ratings:
4.8 • 776.2K Ratings
9. DailyPay
DailyPay is allows employees to get a section of their earned wages before the official payday. This service aims to improve financial stability by reducing the reliance on costly payday loans.
On-Demand Pay: DailyPay allows employees to access their earnings as soon as they’ve earned them, providing greater flexibility and financial control.
Budgeting Tools: DailyPay offers budgeting and financial planning tools to help users manage their money effectively.
Play store ratings:
4.6star
126K reviews
1M+Downloads
Apple store ratings:
4.8 • 230.8K Ratings
10. Avant
Avant specializes in online personal loans, catering to individuals needing funds for debt consolidation or unexpected expenses.
Quick Approval: Avant provides quick approval and funding, making it a convenient option for those needing fast access to funds.
Personalized Loan Offers: Avant tailors loan offers to individual credit profiles, ensuring borrowers receive terms that fit their financial situations.
Also Read: Best Dave Alternatives
Play store ratings:
3.9star
917 reviews
50T+Downloads
Apple store ratings:
4.8 • 128.9K Ratings
11. Earnin
Earnin offers earned wage access that allows employees to access earned but unpaid wages between their paychecks. Users can choose to tip for the service voluntarily.
No Fees: Earnin operates on a tipping model, meaning users can choose to tip for the service but are not obligated to do so.
Balance Shield: Earnin offers Balance Shield to help users avoid overdrafts by automatically transferring money when their bank account balance is low.
Play store ratings:
4.6star
234K reviews
5M+Downloads
Apple store ratings:
4.7 • 276K Ratings
12. FlexWage
Flexwage focuses on financial wellness and helps employees gain access to their earned wages when they need them. It offers tools to assist with budgeting and saving.
On-Demand Pay: Flexwage allows employees to request a portion of their earned wages before the scheduled payday.
Financial Planning: Flexwage offers resources and tools to help users improve their financial wellness, including budgeting assistance.
Also Read: Best Brigit Alternatives
Play store ratings:
4.2star
140 reviews
10K+Downloads
Apple store ratings:
4.8 • 797 Ratings
13. Cleo
Cleo is an AI-powered financial assistant designed to help users manage their money more effectively. It provides insights, budgeting assistance, and savings features.
Chat-Based Interface: Users can interact with Cleo through a chat-based interface, making it easy to ask financial questions and get advice.
Expense Tracking: Cleo tracks users’ spending habits and provides insights into their financial behavior.
Play store ratings:
4.2star
64.1T reviews
10+Downloads
Apple store ratings:
4.7 • 2.6K Ratings
14. Ingo Money
Ingo Money offers a convenient solution for mobile check cashing. Users can deposit checks using their smartphones, making it easier to access their funds.
Quick Check Deposits: Ingo Money allows users to deposit checks quickly and securely using mobile devices.
Fee Structure: Users may incur fees for check deposits, which vary based on the type of check and the processing speed.
Also Know About: How to borrow money from different sources
Play store ratings:
4.2star
33.6K reviews
1M+Downloads
Apple store ratings:
4.0 • 6.4K Ratings
15. Wealthfront
Wealthfront is an automated investing platform offering various investment strategies to help users grow their wealth. It employs a robo-advisor to make investment decisions.
Diversified Portfolios: Wealthfront creates diversified portfolios based on users’ risk tolerance and financial goals.
Tax Optimization: Wealthfront uses tax-loss harvesting to help users minimize their tax liabilities.
Also Read: Alternative to cash app
Play store ratings:
4.9star
7.38T reviews
1L+Downloads
Apple store ratings:
4.8 • 16.6K Ratings
Conclusion
The financial technology landscape continues to evolve, providing individuals with various tools and services to manage their finances more efficiently. Each option caters to different financial needs, whether accessing earned wages on demand, obtaining personal loans, or automating investments. The key is to select apps like MoneyLion that aligns most closely with your unique financial goals and preferences.
Top of the list is Beem, simply because of its multi-faceted approach to personal finance. Beem offers a range of services to upgrade your basic way of life that is unparalleled to others. From free tax filing to the best quotes for car insurance, personal loans, and high-yield savings accounts, the app has something for everyone.
With these innovative platforms at your disposal, you can take more control of your financial future and make informed decisions that lead to greater financial well-being.
FAQs on apps like MoneyLion
What are the best apps like MoneyLion for personal loans?
Beem, SoFi, and Upgrade are apps that provide personal loans with affordable rates and flexible payback choices, serving as alternatives to MoneyLion’s lending services.
Do apps like MoneyLion offer credit monitoring?
Yes, many alternatives, such as Credit Karma and Experian, provide credit monitoring tools that help users track their scores and receive alerts for any changes.
Can I find fee-free options among apps like MoneyLion?
Yes, other applications, such Chime and Albert, offer financial tools and accounts at low or no cost, making them affordable alternatives to MoneyLion.
What apps like MoneyLion offer early paycheck access?
Beem, Earnin, and Brigit are popular choices for allowing users to access their salary cash early, which can help them handle bills before payday.
Are there apps like MoneyLion that help with financial planning?
Yes, apps like Personal Capital and Mint provide complete budgeting and financial planning capabilities, allowing users to track costs and prepare for the future.
Which apps like MoneyLion provide cash advances?
Dave, Brigit, and Beem are apps that provide rapid cash loans, allowing users to borrow small sums for short-term requirements without incurring hefty interest rates.
Do cash apps offer financial education resources?
Yes, apps like Stash and Acorns include instructional materials to assist users learn about budgeting, investing, and improving their financial health, similar to MoneyLion’s financial wellness offerings.
