Rocket Companies, primarily known for its platforms Rocket Mortgage, Rocket Homes, and Rocket Auto, announced Monday (Dec 20), the company entered an agreement to acquire personal finance company Truebill. Rocket will purchase the personal finance company for $1.275B cash after Truebill was previously valued at $500M in June 2020. The acquisition will further Rocket’s goal of creating a centralized platform for consumers to manage their finances.
Rocket Companies scoops up Truebill for nearly $1.3 billion in major fintech play
