Full-Time
Digital mortgage platform for businesses
No salary listed
Senior
Menlo Park, CA, USA
Requires 5 days a week in office in Menlo Park.
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Pylon Lending provides a digital mortgage infrastructure that allows businesses to integrate mortgage services into their products efficiently. Their platform offers APIs and pre-built UI components, enabling clients, mainly in the financial and real estate sectors, to embed a complete digital mortgage experience with minimal coding. Unlike traditional mortgage services that require extensive infrastructure, Pylon's solution is customizable and includes a Software Development Kit (SDK) for end-to-end mortgage origination. The company generates revenue through subscription fees and transaction fees based on mortgage volume. Pylon's goal is to simplify the mortgage process for businesses, helping them launch new products quickly while enhancing customer satisfaction.
Company Size
11-50
Company Stage
Seed
Total Funding
$8.5M
Headquarters
New York City, New York
Founded
2022
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Medical, vision & dental
Unlimited PTO
Hardware allowance
Annual off-sites
Mortgage infrastructure provider Pylon received a minority strategic investment from Citi and closed a deal to sell mortgages on its platform through the bank's mortgage trading desk, the parties announced on Tuesday.
Citi has invested in Pylon, a programmatic mortgage infrastructure provider. While financial terms were not disclosed, the partnership involves integrating Citi's mortgage trading desk liquidity into Pylon's platform, granting Pylon customers direct access to Citi's institutional-grade products and rates. Pylon CEO Trent Hedge highlights the enhanced access to Wall Street-level resources for their clients.
Pylon, an embedded mortgage infrastructure platform, announced on Tuesday that it had raised $3.3 million in seed funding.
Pylon, the embedded mortgage infrastructure platform, announced today that it has raised $8.5 million in seed funding, led by Conversion Capital with