NerdWallet Statistics and User Count for 2024
Last Updated on: December 13th, 2024
Here are a few of the most interesting NerdWallet statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
NerdWallet Facts
Here is pretty much everything you ever wanted to know about NerdWallet.
- Website: Official Website
- Year Founded: 2009
- Headquarters: San Francisco, CA
- Founder(s): Jacob Gibson and Tim Chen
- Current Chief Executive: Tim Chen
- App Download (iOS)
- App Download (Android)
NerdWallet is a personal finance company offering tools and advice to help individuals make informed financial decisions. Known for its comprehensive comparison of various financial products, including credit cards, insurance, loans, and banking, NerdWallet provides tailored recommendations based on users’ profiles and goals. The platform features calculators, educational content, and personal finance guides aimed at demystifying everything from budgeting to investing. Founded in 2009, it has become a go-to resource for millions seeking to understand and improve their financial health.
NerdWallet History:
- August 2009: NerdWallet is founded by Tim Chen and Jacob Gibson with an initial investment of $800.
- 2010: The company experiences rapid growth in website traffic, establishing its presence in the personal finance sector.
- March 2014: NerdWallet’s website reaches up to 30 million users.
- 2015: Raises $64 million in its first round of funding, valuing the company at approximately $500 million.
- 2016: Acquires retirement planning firm AboutLife, expanding its service offerings.
- August 2020: Expands into the UK market by acquiring Norwich-based startup Know Your Money.
- November 2020: Acquires small business loan marketplace Fundera, enhancing its resources for small business owners.
- 2021: Partners with Inclusiv, committing to move millions of dollars to local credit unions to advance financial equity.
- November 2021: Goes public on the Nasdaq stock exchange under the ticker symbol NRDS.
- July 2022: Acquires On the Barrelhead, a consumer debt robo-advisor platform, for $120 million.
NerdWallet Statistics
NerdWallet Revenue Totals
NerdWallet annual revenue:
- 2023: $599.4 million
- 2022: $538.9 million
- 2021: $379.6 million
- 2020: $245.3 million
- 2019: $228.3 million
NerdWallet annual net income:
- 2023: $11.8 million net loss
- 2022: $10.2 million net loss
- 2021: $42.5 million net loss
- 2020: $5.3 million
- 2019: $24.2 million
Please note that some of these numbers are easier to find than others. A few of these statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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