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Lending platform Blend Labs raises $360 million in top-range IPO

American Banker
 2021-07-16

Cover picture for the articleBlend Labs, a lending platform for financial companies, raised $360 million in an initial public offering price at the top of a marketed range. San Francisco-based Blend sold 20 million Class A shares Thursday for $18 each, according to a statement. The company had marketed 20 million for $16 to $18.

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