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Industries
Fintech
Financial Services
Company Size
501-1,000
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2009
NerdWallet offers a financial guidance platform that assists individuals in making informed money decisions. It provides resources and tools for users to find the best credit cards, improve credit scores, secure mortgages, and manage various financial products. The platform features detailed comparisons and expert advice on credit cards, personal loans, mortgages, and insurance, making complex financial concepts easier to understand through user-friendly calculators and educational content. Unlike many competitors, NerdWallet operates on an affiliate marketing model, earning revenue by partnering with financial institutions and receiving commissions when users sign up for products through their recommendations. This allows NerdWallet to offer its services for free while maintaining trust and transparency. The company's goal is to empower consumers to make smarter financial choices by providing comprehensive and accessible information and tools.
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Total Funding
$236M
Above
Industry Average
Funded Over
3 Rounds
Health and wellness
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True work-life balance
Career development
Employee resource groups
Employee engagement
Back in January, NerdWallet launched the "NerdWallet Mortgage Experts" experience, a concierge service that allows consumers to compare rates across 60+ wholesale lenders with personalized support - a direct result of integrating Next Door.
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.
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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