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Loan automation fintech Blend headed for IPO

US Bank, BMO Harris credit Blend with reductions in their loan cycles

Loraine Lawson

Banking process automation fintech Blend Labs experienced 90% year-over-year revenue growth to $96.0 million in 2020 from $50.7 million in 2019, while losses decreased, the company’s Monday S-1 filing revealed. The filing comes ahead of Blend’s proposed public listing on the New York Stock Exchange with the ticker symbol BLND. Blend first entered the auto […]

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