Payment service Toss becomes Korea’s newest unicorn after raising $80M

South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is led by U.S. firms Kleiner Perkins and Ribbit Capital, both of which cut their first checks for Korea with this […]

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Credit Karma acquires mortgage platform Approved

Credit Karma, the service best known for providing free credit score monitoring and other financial advice (mostly to millennials), is getting into the mortgage business. The company today announced that it has acquired Approved, a mortgage platform that brings modern technology to a process that even today often still involves faxing documents back and forth. The […]

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Credit Karma expands its identity theft monitoring tool to include dark web data

Credit Karma is best known for being the only reason anyone is ever willing to peek at their credit score, but the company has other things it wants you to be less stressed out about too. After introducing a free identity monitoring tool for its users late last year, Credit Karma is widening the scope […]

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Silver Lake is buying a $500M stake in Credit Karma in a massive secondary round

Credit Karma, which once started as a simple credit report system and is now looking to expand into a true financial assistant, announced today it is getting a massive $500 million secondary investment from Silver Lake. As part of the investment, Credit Karma says it is getting a 23% bump in the valuation from its […]

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Credit Karma rolls out a hub to check out the details of your car

 While you can open up your bank app and probably find all the relevant information for your credit cards and bank accounts, there isn’t really a very neat spot for the same information on your drivers’ license or insurance. That’s a demand that Credit Karma, normally known for free credit reports with some financial advice layered on top of it, hopes exists and is looking to… Read More

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