Blend Labs, Inc.

Blend (NYSE: BLND) transforms the financial services industry by streamlining the process of obtaining loans or opening accounts. The company's platform integrates data, technology, and AI-powered architecture to simplify and personalize every step of loan origination. Blend helps financial institutions deliver transparency, speed, and scale across major product lines in home lending and consumer banking. This includes supporting end-to-end applications for mortgages, home equity, refinance, vehicle loans, credit cards, personal loans, and deposit account opening. Blend operates in a single operating and reporting segment, a structure adopted after the decision to exit the title business in the first quarter of 2025. The company's platform offers a suite of products that power the origination process, from back-end workflows and tools for loan teams and bankers to consumer experiences. Its Software-as-a-Service (SaaS) products enable digital-first consumer application journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. Each product is guided by a workflow orchestration engine that uses a library of pre-defined rules covering data collection, verification, product selection, pricing, pre-approvals, disclosures, stipulation addressing, and document signing. The platform also features Blend Builder, which provides modular components, integrations, and workflow configuration for flexible product offerings and custom solutions for sophisticated institutions. Blend's software powers banks, credit unions, independent mortgage banks, and mortgage servicers.