Jeffries Financial Group was among the participants as the mortgage servicer raised series A funding that will support recruitment.
Valon, the US-based operator of a technology-facilitated mortgage service, completed a $50m series A round yesterday that included financial services group Jefferies.
Venture capital firm Andreessen Horowitz led the round, which also featured mortgage real estate investment trust New Residential Investment Corporation, family office 166 2nd and an affiliate of investment manager Fortress Investment Group.
Founded in 2019 as Peach Street, Valon provides mortgage services such as managing the principal, interest, taxes and insurance, utilising technology to make charges more…
