SAN FRANCISCO, June 28, 2016 /PRNewswire/ -- NerdWallet™ today announced it has acquired retirement planning startup aboutLife. This is NerdWallet's first acquisition.
"The aboutLife team has made great strides in understanding the retirement challenges Americans face," said Tim Chen, co-founder and CEO of NerdWallet. "That expertise, alongside their underlying technology and skills, are huge assets for NerdWallet as we establish ourselves as consumers' go-to resource for retirement planning."
All aboutLife employees will join NerdWallet.
"I started aboutLife because I saw a need for simple, straightforward retirement guidance that would benefit consumers," said Rajat Kongovi, founder of aboutLife. "NerdWallet shares our consumer-first values; I am thrilled we've joined the team and can continue to develop the tools people need to take control of their financial futures."
NerdWallet offers consumers clarity for all of life's financial decisions. Whether it's credit cards, insurance, loans or investing, people lack the clear, unbiased information they need to make the best choice. With NerdWallet, consumers have free access to user-friendly tools and advice that save time and money, and give them the freedom to do more. NerdWallet is based in San Francisco and employs more than 350 Nerds. For more information, visit nerdwallet.com.
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Head of Communications at NerdWallet