Strands Acquires NetWorthIQ

[This post is written and copyrighted by FIRE Finance (]

When we visit personal finance blogs, we often notice a widget in the side bars which displays a graph with the net worth of the blogger. This widget is due to the courtesy of NetWorthIQ.

StrandsToday, Strands, a leading developer of social recommendation technologies, announced that it has acquired NetworthIQ, a social personal finance Web site that lets people track, share, and compare their net worth. Terms of the acquisition were not disclosed.

This news follows Strands’ acquisition of money management solution Expensr and the private beta launch of moneyStrands, Strands’ personal finance application. Currently in private beta testing, moneyStrands is a social money management solution, which allows users to aggregate their online financial information in one place, providing them with an instant snapshot of all their finances. Also, users can anonymously compare themselves to others with similar traits, such as demographics.

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