Real estate, mortgage and financial services platform Rocket Companies on Monday (Dec. 20) entered into an agreement to acquire personal finance app Truebill for $1.275 billion in cash. Truebill’s app manages subscriptions, helps users improve their credit scores, tracks spending and builds budgets for its...
In today’s top news, Beijing is holding a $6.2 million lottery to pilot its digital yuan, and Mitek has acquired ID R&D to expand its identity fraud-fighting platform. Plus, Instacart is looking to open automated fulfillment centers to reduce costs and form stronger partnerships with...
Silver Spring, Maryland-based Truebill announced on Tuesday (June 1) that it has raised $45 million. The company said the cash will be used to “expand its platform of financial management tools to give users more visibility and control of their money.” In a press release,...
Brick-and-mortar retailers are turning to subscriptions as a way to complement their in-store selections. For example, Walmart unveiled a new eBook offering in August dubbed Walmart eBooks by Rakuten Kobo, which includes an audiobook subscription where consumers receive one audiobook per month. To encourage customers to...
January 04, 2022
When the parent of Rocket Mortgage announced late last month it was spending roughly $1.3 billion in cash to purchase the personal finance site Truebill and its 2.5 million users, it was touted as a way to accelerate Rockets’ vision to “help clients in complex moments” while also giving it control of a rapidly growing player […]
December 20, 2021
Real estate, mortgage and financial services platform Rocket Companies on Monday (Dec. 20) entered into an agreement to acquire personal finance app Truebill for $1.275 billion in cash. Truebill’s app manages subscriptions, helps users improve their credit scores, tracks spending and builds budgets for its 2.5 million members. The company, which doubled its user base […]
June 01, 2021
Silver Spring, Maryland-based Truebill announced on Tuesday (June 1) that it has raised $45 million. The company said the cash will be used to “expand its platform of financial management...
October 03, 2018
Finance app Truebill announced it has raised $5 million in Series A funding and launched a variety of new capabilities. Investors in the funding round include Cota Capital, Social Capital,...
