""Weâre delivering strong results across the business â closing nearly three times as many deals as this time last year, deepening relationships with top-tier institutions...""
""There are three themes I want to cover today. First, our continued shift towards becoming a software-first company...""
""The Rocket/Mr. Cooper deal is a catalyst for the industry; and third, how that shift is helping fuel the strong momentum in Q1...""
""Itâs clear the need for effortless, personalized banking and lending is only growing, with a pipeline nearly double what it was a year ago...""
Blend's first quarter revenue reached $26.8 million, predominantly from its software platform business. This marks a 12% increase year-over-year but a decline from the previous quarter's $41.4 million. The company emphasized strong operational performance, having closed nearly three times as many deals compared to last year. CEO Nima Ghamsari highlighted the shift toward a software-first model, upcoming strategic developments, such as a potential sale of its title insurance business, and the significant growing demand in personalized banking solutions as key themes driving their momentum.
Read at www.housingwire.com
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