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Rocket Companies | December 27, 2021
Rocket companies, the Detroit-based platform company, announced its agreement to acquire Truebill. Rocket companies being a tech-driven company that deals with real estate, mortgage, and financial services businesses – including Rocket Mortgage, Rocket Homes and Rocket Auto is going to take on personal finance with Truebill—an app that assists consumers to manage every aspect of their financial lives. Truebill has gained immense popularity among consumers looking to li...
Trading Systems
United Fintech, TTMzero | February 04, 2021
United Fintech sets foot in the Market Data & RegTech space with German Fintech, TTMzero. United Fintech strikes a 25% stake in the market-leading firm, intending to grow to 80% in the next three years. The acquisition has been made to acquire and scale innovative Fintech in capital markets. It also involves creating a one-stop-shop Fintech through which banks and financial institutions can benefit and accelerate their transition to a digital world. Founded in 2...
PYMNTS | August 19, 2020
Revolut Ltd., the British financial technology (FinTech) company, has introduced what it describes as a simple way to track, split and settle expenses instantly, in one place. Group Bills promises to ease the management of group expenses. Instead of splitting one bill at a time, the platform allows customers to stay on top of shared expenses with roommates. With the new service, users add bills to their “group” and track them in one place. When it’s time to make payments, the a...
Wirecard | June 22, 2020
Wirecard shares are once again in free fall on Monday after the German payments firm said it was likely that 1.9 billion euros ($2.1 billion) of cash missing from its balance sheet doesn’t exist. The Munich-based company said it was assessing the “prevailing likelihood” that unaccounted cash balances flagged by auditors at EY last week “do not exist.” The lost funds represent roughly a quarter of Wirecard’s balance sheet....
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