Blend 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.
Estimated reading time: 0 minutes, 24 seconds
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.
Blend 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.