Strong Revenue Growth
NerdWallet reported a 37% year-over-year increase in Q4 revenue to $184 million and a 15% increase in full-year revenue to $688 million.
Insurance Segment Expansion
The Insurance segment grew by 821% year-over-year in Q4 and contributed $72 million in revenue, becoming the largest segment.
Banking Products Growth
Banking products grew 5% year-over-year, despite declining savings accounts rates.
New Initiatives and Brand Activation
NerdWallet launched a new national campaign at the Super Bowl, debuted NerdWallet Mortgage Experts, and introduced the NerdWallet+ subscription membership.
Vertical Integration and Registrations
Focused on enhancing Vertical Integration and driving user engagement, which includes successful integration of Next Door Lending.