One in six: How Rocket swallowed America's mortgage market
Financial ServicesMichiganMerger
Rocket Companies→Mr. Cooper
Apr 15, 2026
Hiro Finance Acquired by OpenAI | Financial Services M&A Deal
Announced
Financial ServicesNew YorkAdd-on
Deal Overview
OpenAI has acquired Hiro Finance, a payments processing business in New York, for $211 million. OpenAI acquisitions add a personal finance app capability to support financial advice and engagement, expanding its fintech footprint beyond core AI. Hiro Finance provides consumer money management and payment-related workflows that can be integrated into ChatGPT for budgeting and guidance in NY. The add on acquisition is a strategic acquisition as part of financial services M&A, with the announced deal size over $100M and a focus on owning the customer relationship for financial advice rather than relying on bank-embedded PFM tools.
Key Details
- Transaction
- OpenAI acquires Hiro Finance
- Deal Size
- Over $100M
- Reported Value
- $211 million
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