Blend raises $130 million

"Blend's technology platform is driving an evolution in how lenders do business and interact with their clients," said Paul Stamas, managing director at General Atlantic, a leading global growth equity firm. "Blend's approach of partnering with financial institutions to reimagine consumer finance has proven hugely successful thus far, and we're thrilled to assist them in their next phase of growth." "Together with our partners, we've made significant strides in transforming lending experiences for consumers and institutions across the country," said Nima Ghamsari, founder and CEO at Blend. "As we build toward a more transparent and frictionless future where lending transactions happen in one tap, we're grateful to have the experience of Ann, along with the teams at Temasek and General Atlantic, in our corner for this journey."

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