Fintech Mortgage News

Ocrolus and Blend Announce Partnership to Automate End-to-End Mortgage Process

Ocrolus and Blend Announce Partnership to Automate End-to-End Mortgage Process

Ocrolus, the only automation platform that analyzes financial documents with over 99 percent accuracy, and Blend, a leader in cloud banking software, announced a strategic partnership which will embed Ocrolus’ Human-in-the-Loop document analysis solution within the Blend platform to accelerate digital mortgage applications.

Read More About Fintech News : BrightTower Advises Procurement Spend Management Firm ClearEdge Partners in Sale to Accenture

“Blend is simplifying and streamlining the lending experience for consumers and bankers alike,” said Jeff Braddock, manager of business development at Blend. “We’re enhancing the Blend platform with Ocrolus’ automated, accurate document classification and data extraction capabilities. Our partnership with Ocrolus enables us to swiftly deliver time-saving innovations to our customers.”

Ocrolus’ partnership with Blend will focus on document automation, initially on classifying documents and capturing data for mortgage applications and potentially extending into other business areas in the future.

 Get In-Depth Insights of Fintech : Qupital Secures US$150 Million Round to Accelerate Global Expansion and B2B “Buy Now, Pay Later” Product

“Blend is a clear industry leader in cloud banking with a best-in-class user journey for consumers,” said Sam Bobley, Co-founder & CEO at Ocrolus. “At Ocrolus, we’re hyper-focused on API-based document automation for lenders, a backend service that perfectly complements Blend’s powerful platform.”

The partnership represents a notable milestone in Blend’s broader mission to streamline and fully automate all aspects of loan originations. Ocrolus’ verticalized financial services expertise in the areas of mortgage, consumer, and small business lending, serves as an ideal embedded technology for the Blend platform long-term.

Browse The Complete News About Fintech : Rapyd Unveils “B2B Payments Infrastructure of the Future” to Support Global B2B Commerce and Trade Platforms

[To share your insights with us, please write to]

Related posts

Sterling Trading Tech Expands Internationally to Paraguay With Trading Educator Smartum Academy

Fintech News Desk

Inclusion Foundation Formed to Tackle Financial Exclusion

Fintech News Desk

Alameda Research Invests In Crypto-Quant Trading Firm, Folkvang

Fintech News Desk