Valon Hits $2.3 Billion Valuation as Mortgage Servicers Swap Mainframes for AI

T2Covered by 1 source · first reported by PYMNTS at 05 Oct, 15:38 UTC

Valon Technologies raised $150 million in a Series D funding round to accelerate the deployment of its artificial intelligence (AI) platform for mortgage servicing, the company said in a Monday (Oct. 5) press release. The round doubled Valon’s valuation to $2.3 billion, according to the release…