Intuit to Acquire Credit Karma for $7 Billion

Over the weekend we learned that Intuit, the makers of TurboTax, Mint and Quickbooks, is close to acquiring Credit Karma, the leader in credit information for consumers; the acquisition, which could be announced as early as this afternoon, is for $7 billion in cash and stock; Credit Karma would become an independent unit inside Intuit with CEO and co-founder, Ken Lin, remaining in charge; Credit Karma was last valued at around $4 billion two years ago and publicly traded Intuit is valued at around $77 billion; this is the latest in a series of big fintech acquisitions that have been announced this year as 2020 is shaping up to be the year of consolidation. Lend Academy

  • With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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