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Stock impact report

Intuit to Acquire Technology from Zendrive [Yahoo! Finance]

MVB Financial Corp. (MVBF) 
NASDAQ:AMEX Investor Relations: ir.mvbbanking.com/corporateprofile
Company Research Source: Yahoo! Finance
MOUNTAIN VIEW, Calif., June 13, 2024 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 they will pay, while incentivizing them to become safer drivers – always done transparently, with a m Show less Read more
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