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Seven of the Top 10 Credit Unions Partner with Blend

1. Seven of the top ten U.S. credit unions are now using Blend's platform. 2. This adoption indicates significant growth potential for Blend amidst industry competition.

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Why Bullish?

The increased adoption of Blend’s platform by major credit unions suggests strong market demand, likely boosting revenues similar to past trends with fintech platforms. Companies like Square and PayPal showed substantial price increases upon achieving critical adoption ratios in competitive sectors.

How important is it?

The acknowledgment from leading credit unions enhances Blend's credibility in the fintech space, reflecting potential revenue increases and implying a positive trajectory for investor confidence.

Why Long Term?

The sustained usage of Blend's platform by top credit unions indicates a solid long-term partnership and growth avenue, akin to how successful fintech firms expanded their market share over multiple years.

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SDFPAYSQ
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, announced that seven of the top ten credit unions in the United States are now leveraging the Blend platform. Trusted by hundreds of financial institutions, these credit unions are citing increased digital deposit account openings, loan origination growth, and improved member experiences, helping to set themselves apart from competitors and position for stronger growth. I.

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