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SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), today announced the first commercial customers for Blend Autopilot following a four-month early preview.Five lenders, including Onity Mortgage, one of the largest mortgage servicers in the nation, have expanded their partnerships with Blend to include Autopilot, the company’s agentic AI solution.This comes after a 4-month preview period, where lenders activated Autopilot across more than 25,500 loans and provided feedback that shaped

SAN FRANCISCO--(BUSINESS WIRE)--Powerlaw Corp. (Nasdaq: PWRL), a publicly traded closed-end fund advised by Powerlaw Fund Adviser, LLC, today highlights its pre-IPO exposure to portfolio company OpenAI, which filed confidential paperwork for a potential initial public offering earlier this month. Recent reports indicate that the company may delay its IPO until 2027.“We backed OpenAI across three tranches starting in spring 2025,” said Ben Black, Chief Investment Officer of PWRL. “Since PWRL inve

SAN FRANCISCO--(BUSINESS WIRE)--Allocate, the private markets operating system for wealth advisory firms and fund managers, today announced the appointment of Matt Dunn as Chief Revenue Officer (CRO). A veteran of PIMCO, Morgan Stanley, and Opto Investments, Dunn's role follows a series of strategic senior hires as Allocate scales to meet surging demand for modern private markets infrastructure. The appointment comes amid significant momentum for Allocate. Over the past year, the company has gr

LONG BEACH, Calif.--(BUSINESS WIRE)--Windes, a leading accounting and advisory firm, announces the expansion of its Southern California practice.

CHICAGO--(BUSINESS WIRE)--HC Private Investments (“HCPI”), a Chicago-based private equity firm, announced today the sale of its portfolio company, Epicurean Butter (“Epicurean”), to Solina USA (“Solina”). Terms of the transactions were not disclosed. Since partnering with Epicurean’s founders John and Janey Hubschman in 2019, HCPI made significant investments in senior leadership, equipment, facilities and innovation to support the Company’s transformation from a founder-owned business into a s

NEW YORK--(BUSINESS WIRE)-- #AI--As CSCO, former Santander Group VP Luis Pinedo will scale ThetaRay’s AI compliance infrastructure across global financial institutions.

LONDON--(BUSINESS WIRE)--Paysafe (NYSE: PSFE), a global payments platform, today announced its expanded partnership with Tebex, the game monetization extension and growth platform for game servers and game studios. Tebex, which acts as an extension of a gaming studio, has integrated the Paysafe Gateway into its platform to enable video game merchants to provide their customers with true optionality when they transact – from card payments to alternative payment methods (APMs). The Tebex Checkout

OAKLAND, Calif.--(BUSINESS WIRE)--Summit Bancshares, Inc. and its wholly owned subsidiary, Summit Bank (“Summit”), Oakland, California, announced the completion of the Purchase and Assumption transaction with San Francisco Federal Credit Union, San Francisco, California (“SFFCU”) by which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit’s liabilities. Pursuant to the Purchase and Assumption Agreement that was approved by the shareholders of Summit