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.
紐約 - 花旗在抵押貸款基礎設施提供商Pylon中進行了少數戰略投資。
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.
此次投資是通過花旗的Spread Products Investment Technologies (SPRINT)部門與花旗風險投資共同進行的。花旗加入了現有的投資者，包括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.
除了投資外，花旗與Pylon正在合作，將花旗抵押貸款交易臺提供的行業領先流動性直接整合到Pylon平台中。這將有效地爲Pylon客戶提供直接訪問花旗的機構級產品和利率。
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.
Pylon成立於2022年，其使命是從根本上重構抵押貸款。Pylon平台通過其企業級API提供程序化的貸款發放和資本。該公司爲财富管理、房屋建築、服務商、銀行和特定貸款人等創新型業務提供服務。
"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."
Pylon的創始人兼CEO Trent Hedge表示：「我們很高興能夠從花旗獲得這一投資，這標誌着Pylon的重要里程碑。」「我們與花旗抵押貸款交易臺的連接提供了與華爾街的無障礙訪問，以前這種訪問僅限於最大的市場參與者。」
"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.
花旗SPRINT的負責人Patrick Brett表示：「Pylon的下一代多產品平台建立在智能核心之上。我們很高興能夠啓動這一戰略計劃，並將我們行業領先的Spread Products業務規模帶給Pylon。」
Citi SPRINT makes strategic equity investments in start-ups in the specialty lending, alternative investment and real estate spaces.
花旗SPRINT在專業貸款、替代投資和房地產業領域對初創公司進行戰略股權投資。
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
關於花旗
花旗銀行是全球領先的銀行合作伙伴，專注於跨境需求，是全球财富管理的領導者，也是其本土市場美國的一個受歡迎的個人銀行。花旗銀行在180多個國家和地區開展業務，爲企業、政府、投資者、機構和個人提供廣泛的金融產品和服務。更多信息請訪問 | X: @Citi | LinkedIn: | YouTube: | Facebook:
媒體聯繫
花旗銀行 - Hailee Shanahan hailee.shanahan@citi.com
Pylon - Jinny Kang jinny@pylonlending.com
Pylon - Jinny Kang jinny@pylonlending.com
