Credit Karma

Credit Karma

Provides free credit scores and financial tools

About

Credit Karma provides financial tools and resources to help over 130 million members in the U.S., Canada, and the U.K. track their credit scores and improve their financial health. The platform offers free credit scores, credit monitoring, and personalized recommendations for credit cards and loans, including options for cars, homes, and personal financing. Unlike many competitors, Credit Karma operates on a freemium model, allowing users to access these services at no cost while generating revenue through partnerships with financial institutions. The company's goal is to empower individuals to achieve their financial goals by providing accessible and helpful resources, driven by values such as helpfulness, ownership, progress, and empathy.

Company Stage

Acquired

Employees

1,001-5,000

Industries

Fintech, Cybersecurity, Financial Services

Total Funding

$358M

Headquarters

Oakland, California

Founded

2007


Simplify Jobs

Simplify's Take

What believers are saying

  • Credit Karma's acquisition of Zendrive enhances its mobility risk intelligence offerings.
  • AI-driven financial assistants could inspire Credit Karma to develop personalized financial tools.
  • Growing digital solutions adoption by SMBs presents expansion opportunities for Credit Karma.

What critics are saying

  • Increased competition from Walmart-backed FinTech One could challenge Credit Karma's market share.
  • Integration challenges from Zendrive acquisition may distract from Credit Karma's core objectives.
  • Intuit's AI advancements could overshadow Credit Karma's financial tools and services.

What makes Credit Karma unique

  • Credit Karma pioneered free credit scores, setting it apart in personal finance.
  • The company offers a comprehensive suite of free financial tools and recommendations.
  • Credit Karma's freemium model generates revenue through partnerships with financial institutions.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

Benefits

Health Insurance

Dental Insurance

401(k) Retirement Plan

Commuter Benefits

Wellness Program

Paid Vacation

Paid Sick Leave

Education Perks

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