Credit Karma Appoints Joseph Kauffman as Chief Financial Officer
Company bolsters executive management team following exponential growth
SAN FRANCISCO, Jan. 15, 2015 /PRNewswire/ -- Credit Karma, an online consumer finance platform with more than 30 million members, announced today that it has appointed Joseph Kauffman, previously CFO of NYSE-listed TAL Education Group, as its first-ever Chief Financial Officer.
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This new appointment comes on the heels of the company's fourth consecutive year of exponential growth, with membership doubling year-over-year and the company expanding in size from 15 to over 250 employees since 2010. In late December, Credit Karma announced that it would begin offering free credit scores from two major credit bureaus, the first in the industry to offer consumers free updated weekly access to the majority of their primary credit data.
"Joe brings an impressive set of skills to the table having helped businesses grow and establish themselves at scale for over a decade," said Ken Lin, Chief Executive Officer and founder of Credit Karma. "Joe's expertise is a great addition to our executive team as we continue to look to grow aggressively in the market."
In four years at TAL as CFO before joining Credit Karma, Kauffman oversaw a strong track record of rapid top and bottom line growth combined with successful expansion across new products and markets. Before TAL, Kauffman led strategic investment for NYSE-listed New Oriental Education & Technology Group and held various management leadership roles at The Coca-Cola Company. He holds an MBA from Harvard Business School.
About Credit Karma
Credit Karma is working to re-engineer one of the largest industries in the world - consumer finance. Beginning with a free credit score and report, the bloodlines of personal finance, Credit Karma brings more transparency and certainty to credit and finance with free monitoring, data-driven resources and personalized recommendations.
Credit Karma's mission is to help consumers have a better future by simplifying decision-making and management of personal credit and finances. Available online and on iOS, Android and Windows Phone, Credit Karma is empowering more than 30 million consumers.
Headquartered in San Francisco, Calif., Credit Karma has raised $193.5 million in financing to date, including a $75 million follow-on in September 2014 led by Google Capital, Tiger Global and Susquehanna Growth Equity.
To create a free account, visit creditkarma.com or download the mobile app from Google Play or Apple.
Media Contact:
Melissa Barto
JCUTLER media group
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SOURCE Credit Karma
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