Rocket Companies completed the acquisition of Redfin for $1.75bn.

Rocket Companies, the Detroit-based fintech platform consisting of mortgage, real estate and personal finance businesses, completed the acquisition of Redfin, a provider of residential real estate brokerage and mortgage origination services, for $1.75bn. "I've used Redfin every day for the last 20 years. It helped me find and fall in love with my first home, completely changing how I thought about real estate. The Redfin team is best-in-class in building a product experience focused on simplicity. It was a perfect fit for Rocket's vision of what the homeownership experience should be," Varun Krishna, Rocket Companies CEO.