Nerdwallet, which provides resources for people looking for a new credit card, loan, insurance or other financial product or just financial advice, is making a move today to spearhead a move into international markets.The startup is acquiring Know Your Money, a Norwich-based startup that provides a similar range of comparison and information tools geared at people who live in the U.K. If you continue to use this site we will assume that you are happy with it. Partnerships. To this end, post acquisition, the Know Your Money team will become a NerdWallet subsidiary, with all of the company’s executive and workers remaining with the firm. Have a money goal? Awarded Licence From Qatar Financial Centre Authority. Check out tips from our experts on landing your first home. Pre-qualified offers are not binding. Editorial Director of the The Fintech Times. Know Your Money, a leading UK price comparison site, has announced plans to be acquired by NerdWallet, a US-based website and app that provides financial guidance to more than 160 million consumers every year. American personal finance outfit NerdWallet is eyeing international expansion after acquiring UK-based comparison site Know Your Money. Discover the insights you need to make the most of your money. The shareholders of Know Your Money were advised by Sequence Advisers and law firm Mills & Reeve. Bitcoin Zero Launches as a Carbon Neutral Crypto With Net Zero Emissions, Ma’an’s Social Incubator Launches 30 Start-up Social Ventures, Open Banking App Sync. NerdWallet’s acquisition of Know Your Money is subject to customary closing conditions, including approval from the UK Financial Conduct Authority. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. Know Your Money and NerdWallet are perfectly aligned in their goal of empowering people to make better, more-informed financial decisions.”. NerdWallet claims that through the acquisition, it and Know Your Money will provide “the most comprehensive financial guidance website in the … Know Your Money was co-founded in Norwich in 2004 by John Ellmore and Jason Tassie, both digital marketing experts with experience at Google and Aviva respectively. Tell us more about you and we'll recommend things like the best credit card for your spending habits, simple ways to up your credit score and more. Summary: NerdWallet is an American personal finance company that aids people to make healthier financial decisions.Founded in 2009, Tim Chen and Jacob Gibson started the company with only $800 investment. Here's how to spend less on car insurance. Through the acquisition, Know Your Money … Know Your Money acquired by NerdWallet amid growing consumer interest in finance. Robinhood: A Disruptor to Watch or Cautionary Tale? You may also want to watch: Tim Chen, chief executive of NerdWallet … If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. Build your credit with this simple recipe. Acquired Organization: Know Your Money Know Your Money is an independent financial comparison website. Whether you want to see the bigger picture of your net worth, zoom in on your cash flow or simply monitor your credit score, you can do it all in one place with the NerdWallet app. At the Smart Money podcast, NerdWallet's in-house writers answer your real-world money questions. Learn how to invest in Black-owned businesses and green companies. Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc.: Licenses, NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer AccessLicenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Prevent identity theft, protect your credit, The difference between term and whole life insurance, How medical conditions affect your life insurance rate. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. The acquisition of Know Your Money by NerdWallet comes as growing numbers of consumers are increasingly focused on personal finance amid the Covid-19 pandemic and resulting recession – something that the US company sees as creating significant market potential. © Disrupts Media Limited 2018, All Rights Reserved | Website hosted & maintained by, Know Your Money to be Acquired by NerdWallet. We use cookies to ensure that we give you the best experience on our website. Working from home? Know Your Money and NerdWallet are perfectly aligned in their goal of empowering people to make better, more-informed financial decisions. Jobs Nerdwallet acquires UK’s Know Your Money as it expands outside the US Nerdwallet, which provides resources for people looking for a new credit card, … Nerdwallet describes Know Your Money as the U.K.'s largest comparison site serving businesses. PR & Editorials We always have your security in mind. Financial terms were not … Correction: NerdWallet-Millennial Money-New Debt Rules story. The Associated Press . Overview. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Whether you want to see the bigger picture of your net worth, zoom in on your cash flow or simply monitor your credit score, you can do it all in one place with the NerdWallet app. Take our money personality quiz — … “Consumers are looking for a greater level of help, and with Know Your Money, we want to be there providing the guidance to as many people, across as many topics and in as many places as possible. The acquisition – the details of which have not been disclosed – sees NerdWallet acquire a firm with similar services to its own, offering it a direct route into a new market. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. If you are interested in working with us then please send us an email to the appropriate email address above. NerdWallet’s acquisition of Know Your Money is subject to customary closing conditions, including approval from the FCA. Need expert money advice, helpful tools and tailored insights to answer your money questions? Financial terms were not disclosed but Know your Money will now become a NerdWallet subsidiary, but it will retain its staff. Share This: share on facebook ... KNOW YOUR RIGHTS . Through the acquisition, Know Your Money and NerdWallet together will provide the most comprehensive financial comparison website in the UK, delivering industry-leading financial content, tools and independent reviews to help consumers make better financial decisions. San Francisco, California-based NerdWallet was founded in 2009 and has raised $105 million in funding from investors including Camelot Financial Capital Management and IVP. NerdWallet chose to acquire Know Your Money given its 15 years of expertise in the UK market, its network of premium partners, and comprehensive suite of personal finance products, including lending, insurance and business products. The Nerdwallet App is a free, all-in-one personal finance tracker that lets you connect your accounts to give you both a broad overview of your finances (net worth, cash flow, and credit score). Download this personal finance app today to make more smart money moves with personalized financial insights and clear next steps. We feel privileged to have built a company that has provided an exceptional service to UK consumers and businesses, giving them the financial choices they need now more than ever during this challenging period of recession.”, Know Your Money Co-Founder Jason Tassie added: “We’re looking forward to joining forces with NerdWallet and building on the fantastic work our team has done helping consumers learn about, evaluate and compare financial products. Let’s crush your money goals. Tim Chen, chief executive officer at NerdWallet Inc., discusses the company's acquisition of U.K.-based "Know Your Money" on "Bloomberg Technology." In some instances, there may be overlaps with variants on our products. Correction: NerdWallet-Millennial Money-New Debt Rules story Nov. 10, 2020 at 3:44 am Updated Nov. 12, 2020 at 2:10 pm A woman walks past a personal finance loan office in Franklin, Tenn. All financial products, shopping products and services are presented without warranty. NerdWallet Compare, Inc. NMLS ID# 1617539 Our Nerds are your guides so you can get smart, then get back to doing you. Know Your Money has done a fantastic job helping consumers find and compare financial products and we’re looking forward to accelerating that work through this partnership.”, Know Your Money Co-Founder John Ellmore also commented: “Seeing our business flourish has been an incredibly rewarding journey. Financial terms were not disclosed but Know your Money will now become a NerdWallet subsidiary, but it will retain its staff. Founded in 2008 and headquartered in San Francisco, NerdWallet is a consumer finance website and app that helps people improve their finances by offering actionable insights and tailored recommendations. ⚖ Balance Transfer |  Low interest |  Travel |  Cash back |  Rewards, ⚖ Balance Transfer Low interest Travel Cash back Rewards. Through the acquisition, Know Your Money and NerdWallet will provide UK consumers with financial content, tools and independent reviews to help consumers make better financial decisions. Discover what you need to master your money with a NerdWallet account. Learn more. Know Your Money is the premier financial services website in the U.K. with more than five million consumers and 1.2 … Advertise With Us Where do you want to start? Nerdwallet, which provides resources for people looking for a new credit card, loan, insurance or other financial product or just financial advice, is making a move today to spearhead a move into international markets.The startup is acquiring Know Your Money, a Norwich-based startup that provides a similar range of comparison and information tools geared at people who live in the UK. Side-by-side comparisons, smart calculators and straightforward simulators help you make sense of your options. Thank you for your feedback, we are sorry to hear that you clicked on our breakdown cover advert whilst searching for mobility breakdown. Save. Published Bimonthly, the Fintech Times explores the explosive world of financial technology, blending first hand insight, opinion and expertise with observational journalism to provide a balanced and comprehensive perspective of this rapidly evolving industry. NerdWallet is a US-based website and app that provides financial guidance to more than 160 million consumers every year. NerdWallet Three things you should know about donating points and miles to charity ... (But do some research on the charity and any associated fees so you feel good about where your money … Leading UK financial Comparison Website Know Your Money to be Acquired by US-based Financial Guidance Website and App, NerdWallet . Know Your Money will become a NerdWallet subsidiary and all employees will stay on, including Ellmore and Tassie. Expansion to the UK is an important step towards our vision of a world where every consumer makes financial decisions with confidence,” said Tim Chen, Co-Founder and CEO of NerdWallet. Discover banks that pay the highest interest rates on CDs. NerdWallet intends to invest in and allocate resources to Know Your Money as a significant corporate initiative, with plans to increase headcount, expand into new personal finance verticals, and build out a more expansive library of content. Important information. “The pandemic has created a surge in demand for financial guidance and products in areas like refinance and investing — we’ve seen record visits to our site in these areas this year. Know Your Money has a 15-year UK history in the price comparison market, helping users find the deals on mortgages, loans and business bank accounts, according u001fto mobilepaymentstoday.com. The Fintech Times is the world’s first and only newspaper dedicated to fintech. We'd like to take this opportunity to address your issue. Know Your Money, a leading UK price comparison site, has announced plans to be acquired by NerdWallet, a US-based website and app that provides financial guidance to more than 160 million consumers every year. Acquiring Organization: NerdWallet NerdWallet provides clarity for all of life’s financial decisions thru their finance website and app. Working with NerdWallet will help us accelerate our existing growth plans, expanding our content library, tools and guides to offer users more support in financial decision making. It had some 5 million consumers and 1.2 million businesses using … Know Your Money acquired by NerdWallet. When evaluating offers, please review the financial institution’s Terms and Conditions. Know Your Money and NerdWallet are perfectly aligned in their goal of empowering people to make better, more informed financial decisions.” The financial terms of the acquisition will not be disclosed, reports TechCrunch. NerdWallet strives to keep its information accurate and up to date. All financial products, shopping products and services are presented without warranty. Turn to the Nerds. Millions of people turn to the Nerds to find the best credit cards, up their credit score, land the perfect mortgage and so much more. Turn to our SmartMoney podcast for hacks, how-tos and more. Leading UK financial Comparison Website Know Your Money to be Acquired by US-based Financial Guidance Website and App, NerdWallet. Quickly see which cards offer the lowest rate, most cash back or sweetest perks. Today, NerdWallet is worth $520 million with 300+ employees working to assist in credit concerns, as well as investing and other ways to grow your money. Our objective and award-winning editorial team of 80+ Nerds make even the most complicated money questions and topics simple to understand. Pre-qualified offers are not binding. Know Your Money, a leading UK price comparison site, has been acquired by NerdWallet, a US-based website and app that provides financial guidance … Know Your Money will become Nerdwallet’s first operation outside of the U.S. and will spearhead the company’s efforts for further international … Know Your Money, a leading UK price comparison site, today announced plans to be acquired by NerdWallet, a US-based website and app that provides financial guidance to more than 160 million consumers every year.. Know Your Money is an independent financial comparison website that was launched in 2004. Our adverts are relevant to the specific terms searched on search engines. More than 160 million consumers turn to NerdWallet’s financial guidance every year to help navigate financial decisions across a variety of topics, including credit and debt, home and auto loans, and wealth. November 12, 2020, 5:08 PM. Know Your Money has a 15-year UK history in the price comparison market, helping users find the deals on mortgages, loans and business bank accounts, according to a report i n Finextra. Know Your Money is the premier financial services website in the U.K. with more than five million consumers and 1.2 million businesses using its platform. NerdWallet UK website is a free service with no charge to the user, for more details on how our site works click here.. NerdWallet, a credit card marketplace which doubles up as a personal financial management (PFM) tool, has acquired UK start-up Know Your Money, TechCrunch reports. Rest easy knowing your data is protected with 128-bit encryption. Summary. ‎Discover the insights you need to make the most of your money. Know Your Money, a leading UK price comparison site, today announced plans to be acquired by NerdWallet, a US-based website and app that provides financial guidance to more than 160 million consumers every year. Make all the right money moves with Nerdwallet. New Network for Cross-Border Payments Launched by Microsoft and Nick Ogden, Sales Are Rising Thanks to Subscription Services and Automatic Deliveries Says Kooomo, Spotlight MEA: The First Buy Now Pay Later Solution in The Middle East Region, Code First Girls Achieves Goal to Teach 20,000 UK Women How to Code, Tech volunteers fight to save a million small businesses in the UK struggling due to COVID-19. (Source: Bloomberg) Know Your Money, a leading UK price comparison site, has announced plans to be acquired by NerdWallet, a US-based website and app that provides financial guidance to more than 160 million consumers every year. Download NerdWallet: Finance Tracker and enjoy it on your iPhone, iPad, and iPod touch. When evaluating offers, please review the financial institution’s Terms and Conditions. Norwich-based Know Your Money will become a NerdWallet subsidiary and all employees will stay on, including Ellmore and Tassie. See the big picture, receive tailored insights and get clear next steps — all in one place. Run by a dedicated team, Know Your Money provides quick, simple and clear comparisons for a wide range of financial products. Recognizing your money personality is the first step toward financial health, according to some financial planners, credit counselors and psychologists. Last year, Deloitte named Know Your Money a Fast Track 500 business, and in 2017 the Sunday Times included it in its Tech Track 100 shortlist.