Credit Karma is officially expanding to the U.K with its deal to acquire Noddle from TransUnion now closed.
Credit Karma will welcome more than 30 Noddle employees to the company and has plans to more than triple the team in London and Leeds over the course of the next year, including relocation to a larger office space in Leeds and securing a new premises in London.
The Noddle brand will be replaced with Credit Karma in the coming weeks and as an investment in UK growth, Credit Karma’s co-founder Nichole Mustard has relocated to oversee the UK operation.
Credit Karma is now working to make the transition as seamless as possible for Noddle’s four million members. It will provide U.K. members with one of the most up-to-date and personalised experiences in the market, including complete access to all their credit history as well as truly free services to help monitor and build their credit. This includes, in due course, making all formerly premium Noddle products completely free of charge.
Nichole Mustard, co-founder and Chief Revenue Officer of Credit Karma, added:
“Now that the deal has closed, we can get to the real work of championing financial progress for our members in the U.K. To do this, we’re investing heavily in our in-market offering and scaling up significantly. We’re looking to triple the team in the U.K. and open new offices in Leeds and London.”