Credit Karma, a San Francisco, CA-based fintech company that provides a platform for people to reach their financial goals, received $175m in Series D funding.
Backers included Tiger Global Management, Valinor Management and Viking Global Investors LP.
The company, which has raised $368.5m in total equity funding to date, intends to use the funds to extend the platform features.
Led by Ken Lin, CEO and founder, and Nikhyl Singhal, Chief Product Officer, Credit Karma leverage data and deliver tools and information for consumers to achieve their financial goals. The company’s platform will allow users to consolidate student loans, compare customized insurance quotes, show the best credit card for their spending habits and credit profiles, finance their first car.
Credit Karma has over 40 million members. It is possible to create a free account at creditkarma.com or downloading the mobile app from Google Play or the Apple App Store.