Broadening its financial management offerings, TheStreet.com Inc. [TSCM] on Thursday said it would invest $1.2 million in return for a 13% stake in personal finance Web site Geezeo, with an option to purchase the company based on a $12 million valuation at any time over the next year. Geezeo provides users a single platform to access all of their financial information, automatically tracking bank accounts, credit card balances, investments and loans.

Geezeo last year raised $585,000 in seed funding from 12 investors, including Hub Angels Investment Group LLC, saying at the time that it wanted to raise $2 million and come up with a revenue model. TheStreet has some cash to spend after Technology Crossover Ventures late last year paid $55 million for a minority stake in the company. It spent $25 million last November to acquire Bankers Financial Products Corp., which ran BankingMyWay.com and RateWatch.com, two Web sites that provide comparative data about banks and other financial institutions. -- David Shabelman

See April 24 press release from TheStreet.com