Personal finance firm NerdWallet reveals jump in revenue in IPO filing

:NerdWallet Inc on Friday made public its paperwork for a U.S. initial public offering that showed a more than 32per cent jump in revenue for the consumer financial advice website.

The IPO follows a flurry of financial technology companies that have listed their shares in New York this year, such as buy-now-pay-later firm Affirm Holdings Inc, online brokerage Robinhood Markets Inc and cryptocurrency exchange Coinbase Global Inc. The company was founded in 2009 by former hedge fund executive Tim Chen and Jake Gibson, a former trader at JPMorgan Chase & Co. It provides financial guidance to users on credit cards, loans, mortgages and other financial products.

In the six months ended June 30, the company reached 21 million unique users per month and generated US$181.6 million in revenue compared with US$137.3 million a year earlier, according to the filing.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Peloton rival iFIT postpones IPO on adverse market conditions:iFIT Health & Fitness Inc postponed on Thursday its planned initial public offering, citing adverse market conditions, a day after the fitness equipment maker was scheduled to make its Nasdaq debut. The Logan, Utah-based company, which was earlier known as ICON Health & Fitness, said it will continue to eval
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »