Inside Rover and MoneyLion’s SPAC-led public debuts

by RJ Shara | Feb 16, 2021 | Fundings and Exit, Startups

If we are not cautious, every entry of this column could include SPAC news. And we have actually picked Rover since Chewy, another pet-themed entity, is an already-public company. And why chat about MoneyLion? With those things behind it, you might be wondering why Rover is pursuing a SPAC-led launching. Profits dipped from $95 million in 2019 to simply $48 million last year. Bookings fell from 4.2 million to 2.4 million over the same time frame, leading to gross booking worth falling from $436 million in 2019 to $233 million in 2020….