Diwakar Choubey, also known as Dee, is the co-founder and CEO of MoneyLion, a financial technology company that helps people manage their finances. He started MoneyLion in 2013 and has been leading it ever since. Before starting his own company,...

Diwakar Choubey, also known as Dee, is the co-founder and CEO of MoneyLion, a financial technology company that helps people manage their finances. He started MoneyLion in 2013 and has been leading it ever since. Before starting his own company, he worked at big names like Barclays and Goldman Sachs in investment banking. This experience in finance shaped his understanding of the market and customer needs. Under his leadership, MoneyLion saw impressive growth, with revenue hitting $423 million in 2023, a 24% increase from the previous year. Dee has been focused on expanding the company’s customer base, which more than doubled from 6.5 million in 2022 to 14 million in 2023. He values innovation and has been strategic in making MoneyLion a significant player in the fintech space.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

M

Diwakar Choubey

CEO of MoneyLion

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

CEO of MoneyLion for

1 year 1 month (Mar 2024 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Diwakar Choubey

Holdings

See how much did Diwakar Choubey make over time.

Dei Choubey has seen significant fluctuations in his holdings over the years. In September 2021, his holdings reached a high of $136.92 million, but they have since seen a gradual decline, hitting $12.66 million by December 2022. However, trends show...

Dei Choubey has seen significant fluctuations in his holdings over the years. In September 2021, his holdings reached a high of $136.92 million, but they have since seen a gradual decline, hitting $12.66 million by December 2022. However, trends show recent growth again; in March 2023, his holdings bounced back to $16.95 million, and by December 2023, they were back up to $42.01 million. This reflects his commitment to the company's success and his belief in its future.

Total Stock Sold

$6.91M

ML

$6.91M

108,370 ML shares

What if they kept their stock?

If Diwakar Choubey didn't sell their stock, today they would have:
Extra ML108,370 shares worth $28.06M.
This is 306.02% and $21.15M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Diwakar Choubey.

ML

$908.00K

ML at $45.10/share

Aug 15, 2024

Sale

ML

$1.53M

ML at $86.55/share

Jul 16, 2024

Sale

ML

$1.85M

ML at $81.21/share

Jun 17, 2024

Sale

ML

$2.13M

ML at $71.99/share

Mar 11, 2024

Sale

ML

151,458 shares

ML

Mar 7, 2024

Received

ML

$44.14K

ML at $34.24/share

Nov 22, 2023

Sale

ML

$570.79K

ML at $33.54/share

Nov 17, 2023

Sale

ML

66,000 shares

ML

Aug 25, 2023

Received

ML

$1.24K

ML at $14.92/share

Aug 18, 2023

Purchase

ML

$1.50K

ML at $14.95/share

Aug 15, 2023

Purchase

Compensation History

See how much did Diwakar Choubey make over time.

In 2023, Diwakar Choubey earned a total compensation of $663,282 from MoneyLion. This included a salary of $650,000 and an annual bonus of $1,084,082 based on the company's performance. In comparison, his total compensation was higher in 2022, amounting to $1,132,800. Although he does not have stock options or grants currently reflecting on his compensation for 2023, the focus on cash bonuses highlights the company's performance-driven approach. The structure puts significant emphasis on rewarding him for revenue growth and the overall health of MoneyLion. His leadership has clearly led the company toward significant financial milestones, aligning his incentives with those of the company’s shareholders.

Year

2023

Total Compensation

$1.75M

Salary

$650.00K

Board Justification

MoneyLion aims to attract and retain executive talent through a competitive compensation package that includes base salary, performance-based bonuses, and standard employee benefits, aligning with company performance and growth.

Bonus

$1.08M

Board Justification

Annual discretionary performance bonus determined by the Compensation Committee based on performance in 2023.

Other

$13.20K

Board Justification

Matching contributions under the MoneyLion 401(k) Plan.

Restricted Stock

$0.00(0 N/A)

Board Justification

No vested stock reported for 2023 as the focus is on cash compensation and bonuses.

Performance Metrics

Performance metrics include revenue growth, customer acquisition, and EBITDA.