Fintech company Intuit to buy Credit Karma for $7.1 billion

New York Intuit has agreed to acquire Credit Karma for approximately $7.1 billion in cash and stocks, the companies announced Monday.

Intuit is the maker of tax preparation software TurboTax, small business accounting software QuickBooks and personal finance manager platform Mint. The acquisition of Credit Karma pushes Intuit further into the world of consumer finance technology.Credit Karma, founded in 2007, provides free credit score monitoring for consumers.

They eating competitions so time to create new credit score startups! 😂

This sucks! I love Credit Karma! Damn it, Intuit!

I find it weird CNN is not covering the Cornavirus 🤔

😂😂 You mispelled Intuit? A software name that has been around for decades? Honestly, this is CNN in a nutshell! 😂😂

calls bookie..

That is absolutely bad news for consumers and tax filers. Credit Karma’s free tax filing will go away with TurboTax’s “free” tax filing.

I wish the Inuit were players.

*cough* monopoly *cough*

This is bad news for consumers

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Why Intuit is buying Credit Karma for $7 billion - Business InsiderIntuit is nearing a $7 billion deal to acquire Credit Karma — here's what the TurboTax owner has to gain from the buzzy startup known for its free credit scores
Source: BusinessInsider - 🏆 729. / 51 Read more »