Tagged: blend

April 30, 2024 @ 2:04 pm By JD Alois  |  

Blend Labs (NYSE:BLND), a cloud banking platform, has raised $150 million in financing from PE firm Haveli. As part of the deal, Brian Sheth, Haveli’s CIO, will join Blend’s board of directors. The funding comes in a Series A convertible with a 0% coupon. The… Read More

February 8, 2024 @ 8:01 am By Omar Faridi  |  

Blend Network, the specialist development finance lender, has reportedly acquired a new £50 million+ institutional funding line in order to provide bridging to property developers in the United Kingdom. This latest form of support via newly committed capital to be deployed by the Blend Network… Read More

December 18, 2023 @ 11:40 am By Omar Faridi  |  

Blend has shared the 2023 Mortgage Suite ROI Study. Jordan Brown, CEO of MarketWise Advisors LLC, has distributed the third annual Blend return on investment (ROI) impact analysis “conducted by MarketWise Advisors.” The study reportedly provides “an independent evaluation of Blend’s mortgage technology and its… Read More

October 30, 2023 @ 8:22 am By Tony Zerucha  |  

This week, Blend, a provider of cloud banking services, today announced an integration with MeridianLink, a provider of modern software platforms for financial institutions and consumer reporting agencies. Lenders using MeridianLink Consumer can now leverage their partner’s unified platform and consumer banking origination software for… Read More

May 22, 2023 @ 10:02 pm By Omar Faridi  |  

The team at Blend (NYSE:BLND) says they have always believed that their customers are “best positioned” to win in a downturn when “leveraging technology that helps save costs, grow market share, and innovate faster.” Today they are seeing this “play out in practice with their… Read More

November 28, 2022 @ 7:38 am By Omar Faridi  |  

In an effort to maximize loan officer efficiency and build trust with borrowers, Blend (NYSE:BLND) launched the Loan Officer Toolkit in March 2021. With streamlined workflows across the entire mortgage loan process, the LO Toolkit “enables LOs to focus on building both consumer relationships and… Read More

September 28, 2022 @ 9:55 pm By Omar Faridi  |  

PNC Bank (NYSE: PNC) recently announced a strategic partnership with Blend (NYSE:BLND), a provider of cloud banking software, in order “to digitally optimize the company’s end-to-end online mortgage application process for an improved customer experience.” Peter McCarthy, PNC executive vice president and head of Mortgage, said:… Read More

August 15, 2022 @ 4:19 pm By Omar Faridi  |  

AutoLend is one of Blend Network’s most “popular” features. As explained by UK’s Blend Network, a specialist development finance lender, Autolend is used by many of their investors “to ensure they don’t miss the chance to lend on [their] loans.” Melissa Turnbull from Blend Network’s… Read More

August 3, 2022 @ 11:45 am By Omar Faridi  |  

UK’s Blend Network, a specialist development finance lender, has reportedly funded a £4 million residential scheme located in Cambridge, which is focused on developing nine apartments that cover an area of 5,457 sq. ft. As reported by Mortgage Introducer, Blend Network’s management noted that the… Read More

July 18, 2022 @ 1:11 pm By Omar Faridi  |  

The team at Blend (NYSE:BLND) recently welcomed Naman Khan to their leadership team At Blend, they believe the key to digital transformation in the financial services industry is the ability “to build personalized human connections with customers, and at the center of this is breakthrough… Read More

June 8, 2022 @ 10:44 am By Omar Faridi  |  

It’s been over ten years now since digital lending software provider Blend (NYSE:BLND) launched its business. Blend noted that it is almost hard to believe that “at that time the mortgage process was largely manual, time-consuming, and paper-based.” Blend also mentioned that they believed that… Read More

February 28, 2022 @ 10:42 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) notes that the financial services sector is changing, and ensuring loyalty is “increasingly difficult.” Blend writes in a blog post that clients are now looking for all-digital experiences that are fast, easy, as well as more efficient. And they… Read More

February 18, 2022 @ 12:09 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) notes that the rise of connected consumers driving product development and reshaping the trajectory of industries across the board has “proven that finance can be lightning fast, mobile-friendly, and customer-centric.” Blend writes in a blog post that the changed… Read More

December 29, 2021 @ 6:02 am By Omar Faridi  |  

The team at Fintech Blend notes that as humans, we can’t help but to “celebrate and feel positive in the moments when we finish a task productively.” And yet, for many consumers (and lenders), the completion of the mortgage journey “can still feel somewhat underwhelming,”… Read More

December 12, 2021 @ 12:08 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) notes that the need to keep up with evolving customer behavior in retail and online banking is “not a new pursuit for financial services organizations, but it is becoming increasingly more important.” According to Blend, that’s because the market… Read More

October 31, 2021 @ 8:54 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) notes that the way people work — and earn money — is quite different than it was in the past. However, income verification solutions haven’t been able to catch up with the latest developments, the Fintech firm claims. As… Read More

July 26, 2021 @ 6:26 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) has listed its shares on the NYSE after submitting its registration statement with the US Securities and Exchange Commission (SEC), earlier this year, in order to go public. The Fintech said will now focus on accelerating its ability to… Read More

April 18, 2021 @ 12:43 pm By Omar Faridi  |  

Digital lending software provider Blend Labs, Inc. revealed on April 15, 2021, that it has confidentially submitted a draft registration statement on Form S-1 with the US Securities and Exchange Commission (SEC) relating to the proposed initial public offering (IPO) of its common stock. As… Read More

March 25, 2021 @ 1:21 pm By Omar Faridi  |  

The team at Blend, which provides digital lending technology, has shared some important features which can help provide “the best online banking experience.” As noted in a blog post by Blend, online banking clients are increasingly expecting interactions to be a lot simpler, faster, and… Read More

March 15, 2021 @ 10:23 am By JD Alois  |  

Lending software provider Blend says it has entered into a definitive agreement with Mr. Cooper Group (NASDAQ: COOP) to acquire Title365, a provider of title insurance and settlement services. Blend will acquire Title365 for approximately $422 million, reflecting an enterprise value of $500 million, less… Read More