Intuit wants Credit Karma — along with all the data

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Marketplace Tech with Molly Wood

Technology


Host Molly Wood spoke with Sasan Goodarzi, CEO of Intuit — the parent company of TurboTax — about the company’s recent $7.1 billion acquisition of Credit Karma, its biggest since 1983. The reason for this acquisition, Goodarzi says, is to advance its mission to help families with their savings, while also helping its customers about their financial literacy, like how to keep or improve a great credit score. Since many services on Credit Karma are free, and many on TurboTax are not, Molly asked how the acquisition might change things up for Credit Karma.