Items Tagged with 'Fintech'


  • Blend announces $130 million capital raise

    Inches its way closer to unicorn status
    Mortgage tech startup Blend raised $130 million in a Series E funding round, the company announced Monday. Led by Temasek and General Atlantic, the latest capital raise brings Blend’s total funding to $310 million.
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  • Plaid Co-Founder William Hockey stepping down

    Will shift to board position
    One of the biggest names in fintech is about to take a step back from the company he helped build, as Plaid Co-Founder William Hockey revealed Tuesday that he is planning to step down from the day-to-day operations of the company.
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  • LenderClose expands its software development team

    The fintech company welcomes 3 new software engineers to the company
    Fintech startup LenderClose recently announced it expanded its team, welcoming three new software engineers to the company, including Matthew Brown, Phyllis Nelson and Jessica Wilson. LenderClose COO Ben Rempe said this team is directly responsible for making sure the company's rapid technology development is accompanied by the highest quality client care and attention.
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  • Salesforce invests in Blend as startup shaves weeks off mortgage process

    NYT says Blend is likely to achieve "unicorn" status
    Salesforce, a leader in customer-management software, said it made a "strategic investment" in fintech startup Blend without disclosing details. In February, The New York Times listed Blend as one of 50 startups likely to become "unicorns," as investors call privately held tech companies valued at more than $1 billion.
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  • HousingWire News Podcast: Using tech to connect with homebuyers

    Listen to the latest news and views in the mortgage industry
    The HousingWire podcast is a weekly wrap of the top news stories by Editor-in-Chief Jacob Gaffney. Each week, Gaffney interviews financial services experts who can make sense of the latest headlines, sponsored by our partners at Blend. This week, Jerry Anderson of Alliant Credit Union quickly debriefs listeners on what's happening with homebuyers, interest rates and the latest technology trends in the mortgage industry.
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  • Global fintech investment doubled in 2018

    But total number of deals increased only slightly
    In 2018, global fintech investment doubled as large companies doubled down on their efforts, creating several mega deals throughout the year. The total global fintech investment increased from $50.8 billion in 2017 to a full $111.8 billion in 2018.
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  • Expert: Lenders shouldn't view technology as something to adopt

    Lenders should see themselves as tech companies
    Lenders shouldn't view technology as something to adopt in today's ever-changing market, but instead should see themselves as technology companies. While many borrowers aren't aware of what fintech is, they do know technology has finally started to make home buying, selling and financing much easier, according to Maria Moskver, Cloudvirga chief legal and compliance officer and 2018 HousingWire Woman of Influence winner.
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  • Expert: Moving too quickly on tech adoption could be a mistake

    Could create unforeseen errors
    Lenders that move too quickly on adopting the latest technology could be making a mistake, and putting their mortgage business at risk. Lenders should be careful not to move too fast and create unforeseen errors, according to Sadie Gurley, Digital Risk head of diligence services and 2018 HousingWire Women of Influence winner.
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  • LRES names new chief technology officer

    Spencer will enhance LRES’ technological capabilities
    LRES, a residential and commercial mortgage services company, recently announced Scott Spencer joined the team as its new chief technology officer. LRES President Mark Johnson said Spencer's role is pivotal in rounding out the company's executive team as well as leading the deployment of its technology initiatives.
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