Tag Archives: Truebill

Rocket Companies scoops up Truebill for nearly $1.3 billion in major fintech play

Rocket Companies CEO Jay Farner wasn’t kidding around when he told Yahoo Finance Live in November he was on the hunt for acquisitions to diversify his company and fetch a higher trading multiple for a stock that has been under pressure.  And Farner is looking to fast-growing fintech to help pull both those goals off.  The company said Monday it would acquire personal financial app Truebill for $1.275 billion in cash. Truebill was founded in 2015, and currently has 2.5 million members who use… Source link

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