Blend Labs sees Q1 loss soar by 167% as rising rates curb refis

Blend’s net loss for the quarter — up 167 percent from a year ago — came despite a 124 percent year-over-year increase in revenue, to $71.5 million, according to an earnings call on Thursday. Continue reading

Blend’s Q3 earnings take a hit as $54M in IPO compensation vests

The cloud banking software developer raises full-year revenue guidance by $13 million as it signs new clients, launches new products and integrates Title365 acquisition. Continue reading