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Tomo, a ‘PayPal for the mortgage industry’ fintech startup, lands $40M at $640M valuation

  daryn  ·  1 minute read

Tomo, a startup founded by former Zillow execs that aims to speed up the mortgage approval process, raised a $40 million Series A round at a $640 million valuation, doubling the company’s value after it raised a $70 million seed round last year.