Announced
Completed
Financials
Sources
Tags
Venture Capital
Single Bidder
Private Equity
Friendly
digital lending solutions
Acquisition
Completed
Minority
Domestic
United States
FinTech
Private
Synopsis
Investment firms Coatue and Tiger Global led a $300m Series G round in Blend, a provider of digital lending solutions. "2020 was a big year of change for the banking industry. Stay at home orders and social distancing mandates accelerated digital adoption faster than anyone could have expected. Blend has been at the forefront of this revolution, helping banks rapidly meet the changing needs of their customers," Kris Fredrickson, Coatue Managing Partner.
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