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Intuit to buy Credit Karma for USD7.1Bn

Feb 25, 2020 by The Passage Team
Intuit to buy Credit Karma for USD7.1Bn

Intuit — the accounting, tax filing and financial planning software giant behind QuickBooks, TurboTax and Mint, confirmed that it plans to acquire Credit Karma — the fintech startup with more than 100 million registered users, 37 million of them active monthly users, which lets people check their credit scores, shop for credit cards and loans, file taxes and more. Intuit said it would pay USD 7.1 billion for Credit Karma, making this Intuit’s biggest-ever acquisition to date, and one of the biggest in the category of privately-held fintech companies.

Source: TechCrunch

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