TurboTax maker Intuit is buying personal finance site Credit Karma

Source: Bloomberg via L.A. Times

Intuit Inc., the software giant behind TurboTax, announced Monday that it is buying personal finance website Credit Karma Inc. for about $7.1 billion in cash and stock.

San Francisco-based Credit Karma has garnered more than 100 million users by offering free credit scores since it was founded in 2007. The financial technology start-up offers other services too, including the ability to apply for a credit card, find an auto loan or start a savings account.

Read Full Article: TurboTax maker Intuit is buying personal finance site Credit Karma

 

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