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Mortgage tech innovator Blend picks up $100m investment

August 29, 2017

The continued rise of mortgage technology is set to be one of the biggest fintech success stories of 2017, Julie Muhn, senior research analyst at Finovate (Banking Technology‘s sister company), predicted earlier this year.

With news of a $100 million investment in Blend, a start-up that specialises in making the mortgage process easier for bother lenders and borrowers, it looks like her prediction is right on track, writes Finovate.

“We’ve found a great partner in Greylock,” says Blend’s CEO and founder, Nima Ghamsari, “not only because they’re one of the top venture capital firms in Silicon Valley, but also because of their history of success in helping take technology companies to the next level.”

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