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Industries
Fintech
Financial Services
Company Size
501-1,000
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2009
NerdWallet is a financial guidance platform that helps individuals make informed decisions about their money by providing resources and tools for finding the best credit cards, improving credit scores, securing mortgages, and managing other financial products. The platform offers detailed comparisons and expert advice, along with user-friendly calculators and educational content to simplify complex financial concepts. Unlike its competitors, NerdWallet operates on an affiliate marketing model, allowing it to offer services for free while earning revenue through partnerships with financial institutions. The company's goal is to empower consumers to make smarter financial decisions by providing comprehensive and easy-to-understand information.
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Total Funding
$236M
Above
Industry Average
Funded Over
3 Rounds
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SAN FRANCISCO-(BUSINESS WIRE)-Jan. 2, 2025- NerdWallet, Inc. (Nasdaq: NRDS), a personal finance website and app that provides financial guidance to consumers and small and mid-sized businesses (SMBs), today announced the winners of its 2025 Best-Of Awards.
By integrating Openbay's services into NerdWallet's platform, consumers can now address their car care needs alongside their financial planning.
Nerdwallet acquired Next Door Lending, a mortgage brokerage owned by Jonathon Haddad, CEO of the Association of Independent Mortgage Experts, for $1 million. The deal closed on Oct. 1, with potential performance-based earnouts of up to $3.5 million for certain NDL employees. NDL is expected to contribute 1%-2% to Nerdwallet's Q4 revenue growth. Four months before the sale, NDL was fined $45k by a Pennsylvania regulator for operating without a license.
M&A Nerdwallet acquires mortgage brokerage owned by AIME CEO Nerdwallet purchased Next Door Lending for $1 million, SEC filings show.
I saw that NerdWallet, the personal finance site, recently released its annual summer travel report, and it found that 91% of travelers plan to cut back on vacation expenses this summer because of inflation.
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Industries
Fintech
Financial Services
Company Size
501-1,000
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2009
Find jobs on Simplify and start your career today