Saturday , 17 November 2018
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Credit Karma’s $75M raise makes it a bigger threat to the credit bureaus

Credit Karma’s $75M raise makes it a bigger threat to the credit bureaus

Credit Karma, a startup that provides credit scores and recommendations for credit cards, announced a $75 million round this morning, just eight months after grabbing $85 million in funding.

The new money, which will go toward product development and growth, comes from existing investors Google Capital, Susquehanna Growth Equity, and Tiger Global Management.

And it should come in handy to keep challenging longtime credit report and credit score providers, as well as startups like Credit Sesame.

The startup’s valuation now exceeds $1 billion, the Wall Street Journal reported today.

The San Francisco-based company started in 2007.

Credit Karma offers a new way to track your credit score and a unique way to benefit from it. For the first time you can get a truly free credit score with no hidden costs or obligations. Based on your score, you gain access to exclusi… read more »

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