Blend narrows losses in Q2, accelerates path to profitability in 2024
Mortgage tech firm Blend Labs narrowed its financial losses in the second quarter on the strength of its platform business as well as cost-cutting measures.
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Mortgage tech firm Blend Labs narrowed its financial losses in the second quarter on the strength of its platform business as well as cost-cutting measures.
The team at Blend says they have always believed that their customers are "best positioned" to win in a downturn when "leveraging technology."
Winnie Ling: Good afternoon, and welcome to Blend's First Quarter 2023 Earnings Conference Call. My name is Winnie Ling and I'm the Head of Legal for the company.
Lenders used the firm's software in nearly a quarter of originations in the second half of last year, up from 14% over the same period in 2021.
SAN FRANCISCO, CA / ACCESSWIRE / May 11, 2023 / In December of last year, Gartner forecasted that 60% of financial institutions would be looking for composable finance solutions by 2024. Rather than out-of-the-box