PMI Rate Pro exits: KC fintech calls acquisition the ‘natural next step’ for its mortgage tech solution

MIAMI — A strategic acquisition between a software leader and a Kansas City fintech startup brings together two innovators in mortgage tech to deliver the industry’s most comprehensive platform, said Nomi Smith, co-founder of PMI Rate Pro. LoanPASS on Thursday announced its purchase of PMI Rate Pro, an Overland Park-based fintech specializing in API-driven private…

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Merck plans $895M expansion for its De Soto biologics site; leaders tout strength of KC animal health corridor

DE SOTO, Kan. — A biopharmaceutical giant plans to invest $895 million to expand its biologics facility in Kansas, notching another win as leaders position Kansas City as a hub for digital and animal health innovation. The 200,000-square-foot expansion project includes an $860 million investment in Merck Animal Health’s existing manufacturing site west of the…

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Wrong tool can wreck a neighborhood; Precision development key to avoiding gentrification’s negative impacts, EDCKC says

Editor’s note: The following is the second in a four-part series exploring the verticals and impact of initiatives within the Economic Development Corporation of Kansas City through a paid partnership with EDCKC. Leave KC better than you found it: How matching growth to city’s needs is paying off Homegrown startups can redefine KC; they just need…

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