About: http://data.cimple.eu/news-article/d0729cb99b260996a366e69b9ffe2e1f516f007966a6d3548f588a13

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About: http://data.cimple.eu/news-article/d0729cb99b260996a366e69b9ffe2e1f516f007966a6d3548f588a13 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Intuit on Monday announced a deal to buy personal finances rival Credit Karma for $7 billion in cash and stock. Intuit, the maker of TurboTax, QuickBooks and Mint, said it planned to work with Credit Karma to create a digital aide to help people better manage their money and meet financial goals. Credit Karma, which has its headquarters in San Francisco, was founded in 2007 and based on the belief that people should have free access to their credit and financial data, according to its website. The startup boasts more than 100 million members in North America and Britain, including nearly half of all US millennials. It expanded from providing free credit scores to services such as identity monitoring, loan shopping, tax filing, and online savings accounts. "We started Credit Karma with a goal to build a trusted destination for all consumers, to make financial progress regardless of where they are in life," said co-founder and chief executive Kenneth Lin. "We saw the opportunity to enrich people's financial lives through transparency, simplicity and certainty." Credit Karma had almost a billion dollars in unaudited revenue last year, according to Intuit. The planned Intuit and Credit Karma platform will helping people find financial products, insights and advice, according to the companies. The purchase price for Credit Karma will be payable in equal portions of cash and Intuit common stock, terms of the deal indicated. Intuit said that its financial management platform serves about 50 million customers worldwide. gc/dw
schema:headline	Intuit to buy personal finances rival Credit Karma
schema:mentions	Digital media Stock Millennials North America Audit San Francisco TurboTax QuickBooks Intuit Kenneth Lin (playwright) Credit Karma The Purchase Price Data warehouse
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-25 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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