Nerdwallet raises $64 million in financing

Personal finance news and information site Nerdwallet has raised $64 million in outside funding, reports Jonathan Shieber of TechCrunch.

Shieber writes, “Last year, 30 million people used NerdWallet to get financial advice on a range of subjects. The company offers comparison shopping tools on financial products including: healthcare; mortgages; life insurance; banking; credit cards; financial services and wealth management; small business tools, and college loans.

“‘To be honest, I want to cover every substantial financial decision that anyone can make in their life,’ said Tim Chen. ‘We’re talking about a shitload of big decisions there.’

“Chen’s company is squarely focused on the content business for now, but NerdWallet may have eventual aspirations to provide financial tools as well as financial advice for a new generation of financial services consumers.”

Read more here.