American personal finance outfit NerdWallet is eyeing international expansion after acquiring UK-based comparison site Know Your Money. Know Your Money will become Nerdwallet’s first operation outside of the U.S. and will spearhead the company’s efforts for further international … We use cookies to ensure that we give you the best experience on our website. NerdWallet’s acquisition of Know Your Money is subject to customary closing conditions, including approval from the UK Financial Conduct Authority. Need expert money advice, helpful tools and tailored insights to answer your money questions? The Fintech Times is the world’s first and only newspaper dedicated to fintech. Pre-qualified offers are not binding. “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. Download this personal finance app today to make more smart money moves with personalized financial insights and clear next steps. We always have your security in mind. 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. 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. 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. NerdWallet Compare, Inc. NMLS ID# 1617539 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. 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. Recognizing your money personality is the first step toward financial health, according to some financial planners, credit counselors and psychologists. When evaluating offers, please review the financial institution’s Terms and Conditions. NerdWallet claims that through the acquisition, it and Know Your Money will provide “the most comprehensive financial guidance website in the … Correction: NerdWallet-Millennial Money-New Debt Rules story. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. Discover banks that pay the highest interest rates on CDs. 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, … 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. Partnerships. Tim Chen, chief executive officer at NerdWallet Inc., discusses the company's acquisition of U.K.-based "Know Your Money" on "Bloomberg Technology." Leading UK financial Comparison Website Know Your Money to be Acquired by US-based Financial Guidance Website and App, NerdWallet . (Source: Bloomberg) Build your credit with this simple recipe. Discover the insights you need to make the most of your money. Learn more. 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. Download NerdWallet: Finance Tracker and enjoy it on your iPhone, iPad, and iPod touch. 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. 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). 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. Jobs 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.. Advertise With Us 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. NerdWallet’s acquisition of Know Your Money is subject to customary closing conditions, including approval from the FCA. 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 … Have a money goal? 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. Check out tips from our experts on landing your first home. The shareholders of Know Your Money were advised by Sequence Advisers and law firm Mills & Reeve. Our objective and award-winning editorial team of 80+ Nerds make even the most complicated money questions and topics simple to understand. Side-by-side comparisons, smart calculators and straightforward simulators help you make sense of your options. Know Your Money acquired by NerdWallet. The Associated Press . Know Your Money and NerdWallet are perfectly aligned in their goal of empowering people to make better, more-informed financial decisions. 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. 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. Discover what you need to master your money with a NerdWallet account. 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