Beeline Holdings (NASDAQ: BLNE), a digital mortgage platform redefining the path to homeownership, announced a further strategic investment in MagicBlocks, committing an additional $225,000 in its current SAFE round. Beeline, which incubated MagicBlocks, now holds a 47.6% stake. MagicBlocks powers Beeline’s AI agent “Bob,” which has delivered 6x stronger lead conversion rates than humans and generated $162,000 in Q2 revenue during a limited release. Since launching in June, MagicBlocks has signed 18 clients—more than half outside the U.S.—to its customizable AI sales and service platform. Beeline said the partnership creates recurring SaaS revenue opportunities and broadens its reach beyond the U.S. while advancing its own AI infrastructure, including the BlinkQC quality-control product for mortgage compliance.
To view the full press release, visit https://ibn.fm/55k1Y
About Beeline Financial Holdings, Inc.
Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions.
NOTE TO INVESTORS: The latest news and updates relating to BLNE are available in the company’s newsroom at https://ibn.fm/BLNE
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