OJO Labs acquired Digs, a Chicago, IL-based personal finance platform that empowers people to make the best financial decisions around home.
This acquisition marks OJO Labs’ first major expansion into Fintech. Now, OJO will help buyers and homeowners navigate financials—from saving for a down payment and securing the right lender to building equity in a home and planning for renovations.
This acquisition also enables OJO Labs to continue to add value for agents and loan officers by equipping them to engage with consumers.
Led by Pat McLoughlin, co-founder and CEO, Digs provides an FDIC insured platform for consumers to set and track savings goals, learn about the buying process, and understand credit, all in a single app. In addition, Digs offers resources and guidance after closing to ensure consumers are able to invest in and make the most out of their home.