Intuit to Acquire Technology from Zendrive
Intuit Inc. (INTU)
Last intuit inc. earnings: 2/24 04:01 pm
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Source: Business Wire
Transaction will enable Intuit Credit Karma to accelerate Karma Drive and help members save on auto insurance MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that it has signed an agreement to acquire technology from leading mobility risk intelligence provider Zendrive. Certain Zendrive employees, including CEO Dennis Ellis and Co-founder and CTO Pankaj Risbood, will join Credit Karma to accelerate innovation and adoption of its usage-based auto insurance product, Karma Drive.Credit Karma members can choose to participate in a trial where they receive real-time feedback on their driving and can view potential discounts before purchasing a policy, all powered by telematics. Bringing discount opportunities to the front of the insurance shopping experience, before members purchase a policy, gives them more choice and certainty as to what the
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INTU
Earnings
- 5/23/24 - Beat
INTU
Sec Filings
- 6/12/24 - Form 4
- 6/10/24 - Form 144
- 6/4/24 - Form 4
- INTU's page on the SEC website