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Know Your Money is the U.K.’s largest financial products comparison site serving some 5m consumers and 1.2m businesses. The acquisition is the first of Nerdwallet's international expansion.
Nerdwallet, which provides resources for people looking for a new credit card, loan, insurance or other financial product or just financial advice, is making a move today to spearhead a move into international markets. The startup is acquiring Know Your Money, a Norwich-based startup that provides a similar range of comparison and information tools geared at people who live in the U.K. Financial terms of the deal are not being disclosed, Nerdwallet said. Know Your Money will become Nerdwallet’s first operation outside of the U.S. and will spearhead the company’s efforts for further international expansion under international general manager Megan Tedford.
