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Blend, a leading provider of cloud banking services, today announced the general availability of functionality providing support for soft credit inquiries in the mortgage prequalification process. The launch of soft credit functionality comes amid a “ massive ” increase in c...
2023-05-16 13:08:02 ET Summary Blend Labs has posted consistent and significant losses on both income and cash metrics. It has also seen a very large decrease in revenues, with 3 quarters straight of high double digit declines. The recent quarter indicates little progress towa...
SAN FRANCISCO, CA / ACCESSWIRE / May 11, 2023 / In December of last year, Gartner forecasted that 60% of financial institutions would be looking for composable finance solutions by 2024. Rather than out-of-the-box tech, composable software gives users a library of pre-built modular component...
2023-05-09 21:57:06 ET Blend Labs, Inc. (BLND) Q1 2023 Earnings Conference Call May 9, 2023 4:30 PM ET Company Participants Winnie Ling – Head-Legal Nima Ghamsari – Co-Founder and Head-Blend Amir Jafari – Head-Finance and Administration ...
2023-05-09 16:27:42 ET Blend Labs press release ( NYSE: BLND ): Q1 Non-GAAP EPS of -$0.15 beats by $0.03 . Revenue of $37.34M (-47.8% Y/Y) beats by $3.54M . For further details see: Blend Labs Non-GAAP EPS of -$0.15 beats by $0.03, revenue of $37.34M beat...
First Quarter Results Exceed Guidance on Mortgage Origination Outperformance; Gross Margins and Operating Performance Improve Blend Labs, Inc. (NYSE:BLND), a leader in cloud banking software, today announced its first quarter 2023 financial results. “Blend’s first quar...
Blend Labs, Inc. (NYSE: BLND)(the “Company”), a leader in cloud banking software, announced today that it received notice (the “Notice”) on April 28, 2023 from the New York Stock Exchange (the “NYSE”) that as of April 27, 2023 it was not in compliance wit...
SAN FRANCISCO, CA / ACCESSWIRE / May 3, 2023 / The largest wealth transfer in history is currently underway as an estimated $30 trillion is expected to transfer from Baby Boomers to their Gen X and Millennial heirs by 2048. Considering that fewer than half of younger generations use the ...
Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that the Company will host a conference call on Tuesday, May 9, 2023, at 4:30 pm ET to discuss its first quarter 2023 financial results. A press release, with accompanying financial information, will be posted prio...
Blend (NYSE: BLND), a leading provider of cloud banking services, announced today that independent mortgage bank Atlantic Coast Mortgage has recommitted to Blend to streamline its end-to-end mortgage process, from application and disclosures to electronic closings via Blend’s hybrid/remote...
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Partnership to streamline member experience, reduce operational costs, and drive account conversions Blend (NYSE: BLND), a leading provider of digital banking solutions, today announced a new partnership with Andrews Federal Credit Union , the 4th largest credit union in Maryland wi...
Blend (NYSE: BLND), a leading provider of cloud banking services, today announced its recognition as a representative vendor in the 2024 Gartner Market Guide for Digital Banking Platforms. This press release features multimedia. View the full release here: https://www.businesswire.com/news/...
Blend Bolsters its Board of Directors to Guide Next Phase of Growth Blend (NYSE: BLND), a leading provider of digital banking solutions, is pleased that Bryan Sullivan and Eric Woersching have been elected to its Board of Directors, at the Company’s annual meeting of stockholders...