Tag Archives: blend

New, deeper mortgage relationships boost Blend’s Q2 revenue

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The San Francisco-based cloud banking software developer reported second quarter revenue of $32.1 million, up 46 percent from a year ago. Continue reading →

Digital closing platform Snapdocs valued at more than $1.5B

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Snapdocs has raised $150 million in a series D funding round. The platform is now used by more than 130,000 mortgage professionals a day, touching nearly 20 percent of U.S. real estate transactions. Continue reading →

Doma adds Wells Fargo as a client as it prepares to go public

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Doma offers “instant underwriting” of title insurance for mortgage refinancing, along with remote and digital closing and escrow services for all types of mortgages. Continue reading →

Fifth Wall Ventures announces new $500M proptech fund

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Fifth Wall Ventures announced today it successfully hit its $500 million goal for a second proptech fund. The Opendoor and Blend-backer now has 48 global limited partners across a number of proptech subsectors, giving startups access to some of the ind… Continue reading →

Mortgage tech startup Blend raises $130M, adds Pixar vet to board

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Digital mortgage lending startup Blend announced Monday its raised an additional $130 million in venture capital funding, bringing the company’s total funding to $310 million. The company plans to use the capital to further grow its team of nearly 400 … Continue reading →

Blend wants to speed up getting home equity loans, credit lines

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Digital mortgage startup Blend announced that it will soon expand to offer customers home equity loans and lines of credit. Continue reading →

Blend names former Fannie Mae chief executive as first president

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Blend, the digital mortgage application startup, has named former Fannie Mae chief executive Timothy Mayopoulos as its new president, the company announced. Continue reading →

Real estate’s new disruptors: The ‘PayPal Mafia’

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A group of hard-charging, investor-entrepreneurs who have built some of the world’s most iconic tech companies have launched a multi-pronged assault on the real estate industry. Continue reading →