Citi Invests in Pylon, the Programmatic Mortgage Infrastructure Platform
Citi Invests in Pylon, the Programmatic Mortgage Infrastructure Platform
NEW YORK – Citi has made a minority strategic investment in Pylon, a mortgage infrastructure provider.
纽约 - 花旗银行对房产基础设施提供商Pylon进行了少数战略投资。
The investment was made jointly through Citi's Spread Products Investment Technologies (SPRINT) unit and Citi Ventures. Citi is joining existing investors Conversion Capital, Allegis Capital, Peter Thiel, QED, and Fifth Wall.
该投资是通过花旗银行的利差产品投资技术(SPRINT)单元和花旗风险投资共同进行的。花旗银行加入了现有投资者Conversion Capital, Allegis Capital, Peter Thiel, QED和Fifth Wall。
In addition to the investment, Citi and Pylon are working together to integrate the industry-leading liquidity offered by Citi's mortgage trading desk directly into the Pylon platform. This will effectively provide Pylon customers with direct access to Citi's institutional-grade products and rates.
除了投资外,花旗银行和Pylon正在合作,将花旗银行抛光贸易台所提供的行业领先流动性直接整合到Pylon平台中。这将有效地为Pylon客户提供直接访问花旗银行机构级产品和利率。
Founded in 2022, Pylon's mission is to rewire mortgage from the ground up. The Pylon platform delivers programmatic originations and capital through its enterprise-grade APIs. The company serves innovative businesses across wealth management, homebuilding, servicers, banks, and select lenders.
成立于2022年,Pylon的使命是从基础开始重建抵押贷款。Pylon平台通过其企业级API交付程序化发起和资本。该公司为财富管理、房屋建筑、服务商、银行和特定放贷人提供创新业务。
"We're pleased to have the secured this investment from Citi, which marks a significant milestone for Pylon," said Trent Hedge, Founder and CEO of Pylon. "Our connectivity with Citi's mortgage trading desk delivers the same unobstructed access to Wall Street that was previously only available to the largest market participants."
"我们很高兴从花旗银行获得这笔投资,这标志着Pylon的一个重要里程碑,"Pylon的创始人兼首席执行官Trent Hedge表示。"我们与花旗银行的抛光贸易台的连接,为华尔街提供了与之前仅对最大市场参与者可用的畅通无阻的访问。"
"Pylon's next-generation, multi-product platform is built on an intelligent core. We're excited to launch this strategic initiative and deliver the scale of our industry-leading Spread Products business to Pylon," said Patrick Brett, Head of Citi SPRINT Investments.
"Pylon的下一代多产品平台建立在智能核心之上。我们很高兴推出这一战略倡议,并将我们行业领先的利差产品业务规模交给Pylon,"花旗SPRINt投资负责人Patrick Brett说。
Citi SPRINT makes strategic equity investments in start-ups in the specialty lending, alternative investment and real estate spaces.
花旗SPRINt在专业贷款、替代投资和房地产领域的初创企业中进行战略股权投资。
About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.Additional information may be found at | X: @Citi | LinkedIn: | YouTube: | Facebook:
Media Contact
Citi - Hailee Shanahan hailee.shanahan@citi.com
关于花旗
花旗银行是机构跨境需求的顶级银行合作伙伴,在全球财富管理领域处于领先地位,是美国本土市场中备受重视的个人银行。花旗银行在180多个国家和地区开展业务,为企业、政府、投资者、机构和个人提供广泛的金融产品和服务。更多信息,请查看 | X:@Citi | LinkedIn: | YouTube: | Facebook:
媒体联系
Citi - Hailee Shanahan hailee.shanahan@citi.com
Pylon - Jinny Kang jinny@pylonlending.com
Pylon - Jinny Kang jinny@pylonlending.com