On May 12 BMO closed their first home equity line of credit remotely using Blend’s digital closing product Blend Close;...
[Editor’s note: This is a guest post from Dmytro Spilka. He is a tech and finance writer based in London....
Timothy Mayopoulos is the most recent example of a high profile executive moving into fintech; Mayopoulos will serve as President...
Beyond Blend more suppliers could be coming soon such as Roostify, BankVOD, LendSnap and Quovo; FinLocker, Plaid and PointServ are also currently running pilots with Fannie Mae; Only Blend, Finicity and FormFree are approved suppliers while there are more than 40 approved vendors; there are 20 approved vendors of income and employment validation reports, but only DataVerify and Equifax are approved suppliers of these reports. Source
Blend is on a mission to expand into more banks and credit unions with their new digital account opening product;...
This week, we look at:
Over $1 billion in raises announced last week, and over $10 billion in Fintech company value creation: Checkout.com with $450 million at a $15 billion valuation, Affirm more than doubling after its IPO to $30 billion, lending enabler Blend raising $300 million, and payments enabler Rapyd raising $300 million.
A systems theory framework that explains the stocks and flows of goods and services, and what monetization strategies are available to fintechs
How transactional models are thriving and creating 50-100x revenue multiples
Here are the most read news stories from our daily newsletter today: Deadline for the Global Covid-19 Fintech Survey is...
While the coronavirus is impacting many companies there are a few bright spots for a handful of fintechs; Nigel Morris,...
Mortgage fintech Blend is on a roll; Blend’s customer base now accounts for more than 25% of the $2.1 trillion...
One of the main advantages that marketplace lenders tout is that technology powered lending takes many of the pain points out...