Blend Labs Achieves Profitability and Revenue Growth Milestones

Blend Labs ( (BLND) ) just unveiled an announcement.

Blend Labs, a prominent digital banking solutions provider, reported achieving key milestones in Q3 2024, including non-GAAP operating profitability ahead of schedule and a 54% revenue growth in its Consumer Banking Suite. The company welcomed new significant clients, such as Pentagon Federal Credit Union, and continues to enhance its product offerings to boost customer value and conversion rates. With a solid pipeline and strategic partnerships, Blend is poised for continued growth, despite uncertainties in real estate and financial markets.

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