Personal-finance firm Credit Karma to launch checking account in U.S.

Reuters reports that personal-finance company Credit Karma said it would launch a checking account to U.S. members this year, making it the latest fintech to join the crowded digital banking market.

Credit Karma Money Checking will initially be available only to those members who hold a savings account with Credit Karma, the San Francisco-based company said.

Opening a checking account will require no minimum balance or deposit requirements, it added.

Read more: Reuters