Blend Labs (BLND) Corporate presentation summary

Market leadership and financial performance

• Recognized as an industry-leading mortgage and consumer banking platform, trusted by 40 of the top 100 U.S. financial institutions.

• Processed over $1.3 trillion in loan applications in 2025.

• Achieved a 6% CAGR in revenue from 2023 to 2025 and became free cash flow positive in FY 2025.

• Maintains a strong, debt-free balance sheet.

• Winner of the Housing Wire Tech100 Mortgage award for seven consecutive years.

Mission, vision, and customer base

• Aims to help financial institutions support customers through major financial milestones.

• Seeks to eliminate friction in banking by enabling instant, personalized financial products via a unified platform.

• Serves a broad range of clients, including large banks, fintechs, credit unions, and mortgage banks.

• Used by 14 of the top 50 U.S. mortgage originators and 6 of the top 10 credit unions by AUM.

Product innovation and platform capabilities

• Offers a unified intelligent origination platform for mortgages, home equity, account opening, auto, personal loans, and credit cards.

• Platform automates and streamlines origination, integrating with core systems and online banking.

• Embeds AI as a core orchestration layer to reduce the $11,000 average cost of loan origination.

• Reduces manual steps through data comprehension, verification, and qualification tools.