Tomo, a digital mortgage startup founded by Greg Schwartz and Carey Armstrong, announced a $20 million Series B funding round on 2025-03-11, bringing its total raised capital to $130 million. The funding includes new investor Progressive Insurance alongside existing investors Ribbit Capital, DST Global, and NFX. Tomo, which aims to speed up the mortgage approval process, has seen significant growth in customer base and revenue, despite a decline in U.S. home sales. The company is expanding its product offerings and headcount, particularly in Detroit, Seattle, and New York, to capitalize on increased demand.

D3 Global, a decentralized domain name company, has raised $25 million to modernize the internet domain name system through the Doma Protocol, a new blockchain designed to transform domains into digital real estate. The funding round was led by Paradigm, with participation from other notable investors including Coinbase Ventures and Sandeep Naiwal. D3 aims to create a new financial ecosystem for domains, enabling fractional ownership, lending, and enhancing digital identity and branding. The company plans to integrate with existing domain industry tools and create a futureproof bridge between the DNS and Web3 name systems.

JPMorgan Chase & Co. reduced its holdings in InMode Ltd. by 12.3% during the third quarter. Other institutional investors, including Renaissance Technologies LLC, State Street Corp, Doma Perpetual Capital Management LLC, Federated Hermes Inc., and Geode Capital Management LLC, also adjusted their stakes in InMode. Analysts from BTIG Research, Needham & Company LLC, and Barclays provided recommendations and target prices for InMode's stock. InMode designs minimally invasive aesthetic medical products and has a market capitalization of $1.34 billion.

The FinTech IPO Index declined by 6.3% despite a surge in Asia-based firms. Notable events include Alkami Technology's partnership with Intrepid Credit Union, SoFi's launch of DSP2.0, and MIT Federal Credit Union's partnership with Upstart. Robinhood introduced cryptocurrency transfers to European customers. Doma was acquired by Title Resources Group (TRG), with LENX becoming a minority owner of TRG.

Real estate fraud, which involves using fake information to mislead buyers, sellers, lenders, or title insurers, is on the rise. The FBI estimated real estate losses at over $390 million in 2022, with title insurance firm Doma estimating an average loss of over $500,000 per fraudulent transaction. Intellicheck, a company that verifies the authenticity of government-issued IDs, is working with four of the top five title companies in the U.S. to combat this issue.