Golden
Blend (company)

Blend (company)

Blend invites companies that service the mortgage industry to sell digital tools--APIs--through its platform.

All edits by  Carla Faraguna 

Edits on 11 Dec 2018
Carla Faraguna
Carla Faraguna edited on 11 Dec 2018 11:20 pm
Edits made to:
Description (+109/-32 characters)
Article (+887/-208 characters)
Categories (+2 topics)
Related Topics (+1 topics)
Topic thumbnail

Blend (company)

Better lending starts with Blend

Blend invites companies that service the mortgage industry to sell digital tools--APIs--through its platform.

Article

Blend's intuitive design and data-powered intelligence helps you originate loans more efficiently and build more customer relationships. As your technology partner, we'll work together to make lending better.

Founded in 2012 by three Palantir alums, Blend sells white-label mortgage technology to banks and other lenders. By bringing the application process to the cloud and directly connecting to information sources Blend cuts down the time and the expense of originating a mortgage.



Customers include Wells Fargo and U.S. Bank. Overall, the roughly 75 lenders using Blend represent more than 25% of the total U.S. mortgage market and around $60 billion in mortgage applications flowed through their software last year. According to the Urban Institute, $1.8 trillion worth of mortgage were originated in the U.S. in 2017.

Customers using Blend platform

  • Lendus
  • Blue Hills Bank
  • Mountain America Credit Union
  • Camden National Bank
  • SWBC Mortgage
  • Alcova Mortgage
  • Legacy Mutual Mortgage

Funding

By April 2018, Blend had raised $160 million in venture capital funding giving it a half-billion dollar valuation. 

Categories

Related Topics

No more activity to show.