Skip to main content

Quicken Loans Parent Company Acquires Two Fintech Firms

Jan 09, 2017

Detroit-based Rock Holdings Inc., parent company of Quicken Loans, has signed an agreement to acquire LowerMyBills and ClassesUSA from their parent, Core Digital Media.

Terms of the acquisition were not made public. However, the LowerMyBills and ClassesUSA executive leadership will remain in place and the companies will continue to operate from their Los Angeles headquarters.

“We are passionate about online technology, and its importance in the finance and education spaces,” said Graham Skidmore, vice president of Rock Holdings. “LowerMyBills and ClassesUSA play a meaningful role in helping consumers find the best online solutions for their goals. Through these acquisitions, and the planned capital investments, we are confident these businesses will continue to grow and meet the evolving needs of their customers.”

These acquisitions mark the second and third acquisitions in the last two weeks for Rock Holdings: On Dec. 27, 2016, its In-House Realty subsidiary announced it had agreed to purchase the technology assets of Toronto-based OpenHouse Realty.

About the author
Published
Jan 09, 2017
More from
Tech
Navigating The Future Of Marketing Technology

Take inspiration from these tomorrow-oriented improvements and see how they could be adapted

Mar 18, 2024
Women Of Tech 2024

Honoring Women Of Mortgage Technology

Mar 18, 2024
Manually Scrubbing For HMDA Compliance? It’s Time To Automate

Investing in digital transformation systems provides a significant advantage over “wait-and-see” institutions

Feb 26, 2024
From Figure Eights to Mortgage Rates

From Team USA’s grace to financial services’ embrace, Matthew Blackmer draws parallels from his past to the future

Jan 31, 2024
Commissions Alert: Pop Your Profits And Don't Leave A Penny On The Table

Lenders need better tech to help homeowners unlock $20 trillion in tappable equity

Dec 21, 2023
The Road To Success In 2024

A loan servicer’s perspectives on the year ahead

Dec 18, 2023