Estimated reading time: 0 minutes, 21 seconds

'Paypal for Mortgage' Tomo Raises $40M to Speed Homebuying

Tomo, a fintech startup that plans to be a “PayPal for the mortgage industry” has announced $40 million in Series A funding. So reports GeekWire.

TOMOThe funding round values Tomo at $640 million, twice what it was worth upon its $70 million seed round in 2021.

Launched in October 2020 by former Zillow executives Greg Schwartz and Carey Armstrong, Tomo aims to make buying new homes faster thanks to software.

Read the full article from GeekWire.

Read 1202 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.