Intuit Acquires SeedFi
December 1, 2022
Intuit has agreed to acquire SeedFi (McBurberod Financial, Inc.), the fintech behind the Credit Builder product, and will fold the capability into its Credit Karma Money business to help more consumers build credit while saving. The transaction is expected to close in the coming months, terms were not disclosed, and SeedFi will become part of Credit Karma upon closing.
- Buyers
- Intuit
- Targets
- SeedFi
- Sellers
- McBurberod Financial, Inc. (doing business as SeedFi)
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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