Mortgage tech news roundup: July 22
“We have been able to help consumers save hundreds of millions of dollars as Truebill. Now, as Rocket Money, our members will have easier access to home loans, real estate services, personal loans and more, all through a closer connection with our sister companies,” Rocket Money co-founder and CEO Haroon Mokhtarzada said in prepared remarks.
Beyond Rocket Money’s core services of canceling subscriptions and creating budget, it will connect with the rest of the Rocket Platform in a bid to enhance the consumer experience. Rocket said the Truebill website and mobile app will shift to the new name in August, but the new brand could start appearing in marketing, social media and other company messaging before that.
FairPlay
FairPlay, a startup designed to reduce bias in lending, has raised a $10 million Series A financing.
Nyca Partners led the round, with participation from Cross River Digital Ventures, Third Prime, Fin Capital, TTV, Nevcaut Ventures, Financial Venture Studio and Jonathan Weiner.
Read next: Startup FairPlay seeks to level the playing field for borrowers with new technologies
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