Intuit Credit Karma
Financial-minded startups have grown in number recently. A few of the fastest-growing private companies are financial services startups with some--like personal financial management hub Credit Karma--reaching the "unicorn" status with valuations exceeding $1 billion. <i>The Washington Post</i> explores how these startups may further challenge the financial services industry.
Companies that use technology to solve problems in financial services are becoming increasingly popular. Credit Karma, a free credit resource, first received attention during the financial crisis of 2007 and has been a fixture in financial technology since.
People frequently don't check their credit report, although they should. Sites like Credit Karma make it easy for you to check your credit score, credit reports and get educational resources regularly.
There are many myths about how to improve your credit. Credit Karma provides its members with credit scores, credit reports and other resources to improve your credit for free.
Startup accelerator 500 Startups announced its 13th batch of startups recently. Among 500 Startups' successes is personal finance hub Credit Karma, which is valued at over $3 billion.
Over $12 billion was invested by venture capital firms into financial service startups in 2014 alone. Credit Karma is a leader in personal finance.
Credit Karma, the free credit and financial management platform, is one of the top 15 most valuable startups in the U.S.
In a recent report the Consumer Financial Protection Bureau found that many Americans are "credit invisible" because they don't have a credit score. Credit Karma launched a new service for them, allowing them to take positive steps to build their credit.
Credit Karma provides an entire suite of tools, services and resources to help you manage your money. Beyond free credit scores and credit reports, the app monitors your financial accounts and recommends better alternatives for credit cards, loans and auto insurance.
If you are responsible with your credit, getting a new credit card with a low or no-interest could help you save some money on your vacation, says Credit Karma CEO Ken Lin.