NerdWallet completed the acquisition of Fundera.

NerdWallet, a website and app that provides financial guidance, completed the acquisition of Fundera, the go-to financial resource for small and medium-sized businesses operating in the United States. Financial terms were not disclosed. Through this acquisition, NerdWallet will expand its financial guidance and financing options for small business owners, establishing a stronger foothold in the SMB market and advancing its mission of providing clarity for all of life's financial decisions. "It can be the wild wild west out there for small business owners. Finding the financial products and the guidance needed to start, grow and fund their businesses can be very challenging, and most small business owners don't have a resource or partner to support them along their journey. Bringing transparency to this process and educating, empowering and advocating for business owners is so similar to what we see NerdWallet doing in the consumer space. We have always been inspired by how NerdWallet puts confidence and informed decision-making in the hands of consumers, and that's what we do for small business owners," Jared Hecht, Fundera CEO and Founder.