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Credit Karma has made an acquisition to help it kick-start its first overseas expansion beyond the US and Canada by acquiring Noddle, a UK-based credit reporting service with 4 million users, from TransUnion.
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Financial terms of the deal are not being disclosed, but Valerie Wagoner, Credit Karma’s VP of International (who had previously been at Twitter), said that it will be a full acquisition of tech and employees — 35 in all — and TransUnion is not taking any stake in Credit Karma as part of this deal, although the two will continue to work together with TransUnion providing data to Credit Karma, as it had done before.
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