NerdWallet Announces Expansion into Scottsdale

inbusinessPHX.com

NerdWallet, Inc. (Nasdaq: NRDS), a website and app that provides consumers and small businesses with trustworthy financial guidance, announced today it is establishing the company’s third U.S. location with the opening of an office in Scottsdale.

“As one of the nation’s leading financial services companies, we are thrilled NerdWallet has chosen Scottsdale as their third office location,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “We are excited NerdWallet will be part of our dynamic business and financial services industry, creating highly-skilled jobs while increasing their presence on the West Coast.”

The approximately 10,000-square-foot facility located in Lincoln Towne Center will house the company’s sales team including account executives, sales managers and administrative positions. The new office space is a core pillar in NerdWallet’s direct sales strategy expansion.

“We’re excited to be expanding into Arizona because of the diverse and growing population, which offers high performing skilled talent from top local universities, a thriving technology ecosystem and accessibility,” said Andy Bell, Head of the Phoenix Sales Team at NerdWallet.

Founded in 2009, NerdWallet is on a mission to provide clarity for all of life’s financial decisions. NerdWallet provides trustworthy and knowledgeable financial guidance for everything from credit cards to mortgages to investing, through educational content, tools and calculators, product marketplaces and the NerdWallet app.

“As a fintech leader, NerdWallet’s decision to expand into Scottsdale showcases the opportunity Greater Phoenix presents to innovative companies,” said Chris Camacho, President and CEO of the Greater Phoenix Economic Council. “The region’s operating environment will be of great benefit to NerdWallet, and the company will find opportunity while paving the way for more high-level jobs for residents.”

“Congratulations to NerdWallet for making the wise choice to join a growing number of Scottsdale financial services companies,” said Scottsdale Mayor David D. Ortega. “Our city is proud of our highly-skilled workforce and our renowned quality of life that will contribute to NerdWallet’s ongoing success.”

With this expansion, NerdWallet is joining Arizona’s robust business and financial services landscape. Recent announcements in the last year include HomeLight, which announced plans to hire up to 300 more people at its Scottsdale office over the next year; LiveRamp announced plans to open a new office in Tempe; PennyMac Financial Services opened its new mortgage sales and operations center in Phoenix; and Align Technology announced its new global corporate headquarters in Tempe.

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