Credit Karma

A subsidiary brand of Intuit since 2020, Credit Karma’s best-in-class credit and financial management offerings have won the company trust among the global lending community and significant financial rewards. Although best known for its free credit score product in the United States, it has also won acclaim with its credit report dispute platform and unclaimed property database monitoring service. Founded by veteran financial technology entrepreneur Kenneth Lin in 2007, Credit Karma has grown into the most trusted name in identity theft protection and credit history management. It has positioned itself as a friend to the traditionally under-resourced Millennial generation, providing critical help in building a credit history and managing finances.

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4

Overall Excellence Rating

Industry

Financial Services

Category

Banking & Lending

ESG/Ethical Impact

Credit Karma has had a significant impact on financial inclusion by providing free access to credit scores, reports, and financial education resources. This empowers individuals, especially those with limited access to traditional financial services, to take control of their financial well-being and make informed decisions, contributing to a more financially inclusive society. Given its role in handling sensitive financial data, Credit Karma has likely placed a strong emphasis on data security and privacy. By implementing robust data protection measures and maintaining stringent privacy practices, the company has contributed to safeguarding the personal information of its users and setting industry standards for responsible data management. Credit Karma’s provision of educational content and financial tools has a profound social impact by promoting financial literacy. This empowers individuals to make sound financial decisions, manage debt responsibly, and plan for their future, ultimately enhancing economic stability and reducing financial disparities. The company has likely emphasized ethical governance practices to ensure transparency, accountability, and ethical conduct in its operations. These governance standards protect the interests of users and stakeholders, fostering trust and confidence in Credit Karma’s services.

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Awards Received

2023

Revenues

$1,800,000,000.00

Website Traffic

Employee Rating

4.5

Customer Rating

4.2

Company Size

1000-5000

ESG Risk Rating

3

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