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Pylon raises $8m in Seed funding

New York based embedded mortgage infrastructure platform raised $8m in Seed funding led by Conversion Capital. 

“Mortgages are rapidly becoming commoditized across rates, loan products, and operations as indicated by the nearly identical rates amongst the top 10 lenders. We are long overdue for the infrastructure layer that standardizes these commodities through software – allowing our customers to focus on building highly differentiated, revenue-generating mortgage offerings at a fraction of the time and cost."

Tags

mortgage, infrastructure