The Google-backed credit monitoring platform will leverage the funding to grow into a more expansive finance management service.
Credit Karma, the US-based credit management platform backed by internet company Google, raised $175m yesterday in a series D round featuring Tiger Global Management, Valinor Management and Viking Global Investors.
Founded in 2007, Credit Karma provides free credit management scores and reports to an online membership base that now exceeds 40 million people.
The round, which valued Credit Karma at $3.5bn according to the Wall Street Journal, will fund an upgrade of the company’s platform, allowing users to build their…
