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Through this acquisition, NerdWallet will expand its financial guidance and financing options for small business owners, establishing a stronger foothold in the SMB market and advancing its mission of providing clarity for all of life's financial decisions.
"We've always seen tremendous opportunity in providing small business owners with financial information and helping them compare and apply for the financial products that meet their unique needs," said Tim Chen, Co-Founder and CEO of NerdWallet. "Although we offer free tools and content, we've never been able to fully support small business owners — that changes today. Fundera has been one of our partners for several years and their deep understanding of the SMB market, the long-standing, trusted relationships they've built with both lenders and business owners, and their commitment to putting the needs of small business owners first is really unique and impressive. We're always looking to join forces with best-in-class companies that share our mission-driven, consumer-first perspective, and we've found that in Fundera."
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