Blend, a supplier of loand origination software for the US mortgage industry, has closed $300 million in Series G funding led by Coatue and Tiger Global, nearly doubling its valuation to $3.3B in just five months.
FinTech Insights, a series of conversations about the technology and payments innovations impacting the U.S. financial landscape is hosted by Globalspeak President Frank Baia. FinTech Insights is underwritten by the William Mills Agency, the nation’s preeminent public relations and marketing agency serving the financial industry.
Atlanta, Georgia is an epicenter of a growing segment of the financial services industry – a sector often known as Financial Technologies or FinTech. FinTech encompasses the product and service companies that support the technology needs of the financial services industry and, ultimately, the payment-processing infrastructure of the economy.
Georgia FinTech companies have produced more than $83 billion in shareholder value since 1995.
Georgia FinTech company revenues are more than $34 billion annually, which is third in the nation behind New York and California.
Together the banking, insurance and capital markets consistently spend more on technology than any other industry.
TAG FinTech was formed in early 2010 to focus on the specific needs of companies, individuals and investors serving the financial industry both domestically and abroad.