Blend Expands Product Suite with Business Deposit Account Opening

Blend Labs (NYSE: BLND) has launched its Business Deposit Account Opening solution, expanding its Consumer Banking Suite to serve both businesses and consumers on a single platform. The new solution supports all business types including sole proprietors, LLCs, partnerships, corporations, and nonprofits. Key features include pre-filled applications, co-owner invites, built-in Know-Your-Business (KYB) checks, and omnichannel support across digital, branch, and contact center channels. The platform aims to streamline operations by unifying various banking services including personal loans, credit cards, auto loans, and home lending. This integration enables financial institutions to deliver consistent experiences, strengthen customer relationships, and drive deposit growth while reducing operational inefficiencies.