Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Cardlytics' fourth-quarter 2020 earnings conference call. [Operator instructions] I would now like to hand the conference over to Kirk Somers, chief legal and privacy officer. Please go ahead.
Kirk Somers --
Chief Legal and Privacy Officer
Good morning, and welcome to Cardlytics fourth-quarter and full-year 2020 financial results call. Before we begin, let me remind everyone that today's discussion will contain forward-looking statements based on our current assumptions, expectations, and beliefs, including expectations about future financial performance or results; our financial guidance for the first quarter in the year 2021; our ability to achieve our key long-term priorities; the launch of U.S. Bank; growth in FI MAUs or monthly active users; the increase in our connectivity to our MAUs; the return to year-over-year growth; the launch of our new user experience; the increase in ARPU or average revenue per user; our cash position; the impact of COVID-19 on our business and the economy as a whole, including the stabilization of the economy and potential improvements in the economy; the impact of our rise, retain, and return strategy; the sufficiency of our capital structure; continued momentum in 2021; and the closing and anticipated benefits of our acquisition of Dosh Holdings Inc. For discussion of the specific risk factors that could cause our actual results to differ materially from today's discussion, please refer to the Risk Factors section of the company's 10-K for the quarter ended December 31, 2020, that we filed earlier today and in subsequent periodic reports that we file with the Securities and Exchange Commission.