FILE PHOTO: MoneyLion, a digital consumer finance platform, displays in the lobby of the exhibit hall during the Money 20/20 conference in Las Vegas, Nevada, U.S. on October 24, 2017. REUTERS/Steve Marcus/File Photo
(Reuters) - Norton and Avast owner Gen Digital has agreed to buy fintech firm MoneyLion in an all-cash deal valued at about $1 billion to beef up its consumer finance offerings, the companies said on Tuesday.
Gen Digital will pay $82 for each MoneyLion share, a 6.5% premium to MoneyLion's last closing price.
