NerdWallet completed the acquisition of On The Barrelhead for $120m.

NerdWallet, a personal finance company, completed the acquisition of On The Barrelhead, a financial advisory service provider, for $120m. “Our vision for a trusted financial ecosystem means we’re able to provide consumers and SMBs with a trusted platform to learn about various financial topics, shop for products, connect their data and receive data-driven nudges. On the Barrelhead’s data and technology solutions will help us advance toward our goal by enabling us to leverage consumer information to provide users with relevant financial guidance and more personalized and compelling product recommendations. Their differentiated technology solutions and NerdWallet’s trusted brand and reach will also strengthen our footprint in the lending space by providing significant value to our partners,” Tim Chen, NerdWallet CEO and Co-Founder.