Following a GAAP net loss of $9.4 million or $0.12 loss per diluted share revealed in Q2 operating results, NerdWallet (Nasdaq: NRDS) will restructure and slash 15% of its workforce. Tim Chen, co-founder and CEO of NerdWallet, said they met their topline expectations of generating… Read More
NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial guidance to consumers and small and mid-sized businesses (SMBs), announced the launch of its first financial product for consumers—NerdUp by NerdWallet—a secured credit card designed to help users build and improve their credit responsibly. NerdWallet identified… Read More
upSWOT announces a pilot partnership with NerdWallet Small Business aimed at further enhancing the financial services offered to their SMB customers. This collaboration brings together upSWOT’s data-driven embedded finance tools and NerdWallet Small Business’ financial guidance “to empower small businesses with comprehensive financial solutions.” upSWOT’s embedded… Read More
NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial guidance to consumers and small- and mid-sized businesses, recently announced the entry into an acquisition agreement with On the Barrelhead, Inc., a data-driven platform that “provides consumers and SMBs with credit-driven product recommendations to help improve… Read More
Buy Now, Pay Later (BNPL) services are becoming increasingly popular across the globe. The BNPL market is valued at around £2.7 billion in the United Kingdom. Although postponing payments might appear to be useful for security and in many instances provides other benefits depending on… Read More
NerdWallet, a U.S.-based website and app that offers financial guidance to over 160 million consumers each year, has reportedly acquired Fundera, which serves as the “go-to” financial resource for the 28 million SMBs based in the United States. The acquisition will allow NerdWallet to expand… Read More
NerdWallet, a U.S.-based website and app that provides financial guidance to more than 160 million consumers every year, announced on Thursday it is set to acquire UK-based website, Know Your Money. NerdWallet claims that through the acquisition, it and Know Your Money will provide “the… Read More
Bond Street, an online lender for small businesses, and NerdWallet, have partnered to provide access to SME loans. As part of the partnership, Bond Street will be featured on NerdWallet’s Small Business Loan Tool, along with other lenders that provide capital to small businesses across the… Read More
IVP, a later-stage venture capital and growth equity firms in the U.S., announced on Thursday that it has raised a new $1.4 billion fund and distributed over $500 million in capital back to its Limited Partners, including the proceeds from three significant M&A transactions: Business… Read More
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