Why Rocket Companies ($RKT) Bought TrueBill For $1.3 Billion 🚀🏠

Rocket Companies aka Rocket Mortgage has announced they will be acquiring personal financial tool TrueBill for $1.275 billion in cash. Alex explains why he’s a big fan of this deal and dives into some of the potential synergies he sees between Rocket and TrueBill despite the two companies having very different business models. He also touches on how fintech SaaS suites like TrueBill would be a great offering for incumbent banks to integrate into traditional services.

Originally Aired: 12/30/21
#RKT #TrueBill #PersonalFinance

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