Renaissance Capital logo

NerdWallet Priced, Nasdaq: NRDS

Provides a personal finance app that promotes financial products.

Industry: Financials

Latest Trade: $12.99 0.00 (0.0%)

First Day Return: +57.2%

Return from IPO: -27.8%

Industry: Financials

At NerdWallet, we empower consumers -- both individual consumers and small and mid-sized businesses (SMBs) -- to make smarter financial decisions with confidence via our digital platform. Technology has changed the way consumers manage their financial lives, making them more comfortable with comparing and shopping for financial products online. This change has accelerated with the dramatic growth in companies offering innovative financial products. At NerdWallet, we are leveraging this transformation to democratize access to trustworthy financial guidance -- ultimately helping to improve the financial well-being of consumers and the financial services industry as a whole. As the financial services industry becomes more fragmented and complex, our value proposition as a trusted, independent platform for consumers increases. We deliver guidance to consumers through educational content, tools and calculators, product marketplaces and the NerdWallet app. Our platform delivers unique value across many financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing and student loans, and has grown to include the UK and Canada. Across every touchpoint, the cornerstone of our platform is our consumers’ trust in the independent, objective and relevant guidance we provide, free of charge.
more less
IPO Data
IPO File Date 10/08/2021
Offer Price $18.00
Price Range $17.00 - $19.00
Offer Shares (mm) 7.3
Deal Size ($mm) $131
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/03/2021
Offer Price $18.00
Price Range $17.00 - $19.00
Offer Shares (mm) 7.3
Deal Size ($mm) $131
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
KeyBanc Capital Markets
more
Company Data
Headquarters San Francisco, CA, United States
Founded 2009
Employees at IPO 634
Website www.nerdwallet.com

NerdWallet (NRDS) Performance