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Blend, a Digital Lending Platform, Files to Go Public

Digital lending software provider Blend has unveiled plans for an initial public offering. The planned IPO, disclosed in a filing with the Securities and Exchange Commission, comes after Blend facilitated $1.4 trillion in loans last year, more than double 2019’s loan volumes. So reports Insider.

BlendBlend offers a business-to-business platform that Wells Fargo, U.S. Bank and other traditional lenders can use to set up a customizable online regime for mortgages and more.

Read the full article from Insider.

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