Articles from Pylon

Pylon, the programmatic mortgage infrastructure provider for modern originators, today announced a partnership with Plaid, a leading open finance data platform. Through this integration, Pylon customers can seamlessly access Plaid’s income and asset verification services–critical data sources that power key stages of the mortgage underwriting process–without additional steps.

Pylon, an API-first mortgage infrastructure platform delivering an entirely new way for businesses to build and scale originations, has announced a partnership with Clear Capital, a leading real estate valuation technology company. This collaboration seamlessly integrates a suite of instant and hybrid property valuation services into Pylon, giving customers immediate access with no additional setup, further contributing to Pylon’s 74% lower cost to originate1 compared to industry average.

Pylon, the embedded mortgage infrastructure platform, announced today that it has raised $8.5 million in seed funding, led by Conversion Capital with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures, and Village Global alongside angel investors from Ramp, Blend, Zillow, SoFi, and Figure. The round will accelerate Pylon’s product development and recruitment efforts, propelling its mission to enable enterprises including FinTechs, PropTechs, banks, and retail brands to build mortgage lending into products in weeks instead of the years it would take to build a digital lender from the ground up.