Figure Technologies

Figure Raises $200M, Valuing Blockchain Mortgage Firm at $3.2B

The investment was led by 10T Holdings and Morgan Creek Capital Management and included contributions from new and existing investors.

Business  ·  20 May 2021

Blockchain Mortgage Platform Figure Launches SPAC to Raise $250M

Figure seeks to raise $250 million through the special purpose acquisition company, according to a regulatory filing on Thursday night.

News  ·  12 February 2021
CoinFlash

JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure

The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions.

Business  ·  15 January 2021
Loans

Blockchain-Based Lender Figure Technologies Applies for US National Bank Charter

If granted, the charter would replace the blockchain-based lender's hodgepodge of state licenses with a single nationwide regulator.

Business  ·  6 November 2020
Lending

Figure Technologies Securitizes $150M of Home Equity Loans on Blockchain

The deal may serve as a showcase for DLT’s benefits to Wall Street at a time when such use cases no longer generate the same buzz as five years ago.

Business  ·  11 March 2020
Coinbase

Former Coinbase COO Joins Blockchain-Based Lending Firm Figure

Asiff Hirji, Coinbase's former president and COO, will take on a new role as president of blockchain-based lending startup Figure Technologies.

People  ·  29 January 2020
Morgan Creek Digital

Pompliano Joins Board of Blockchain-Based Lending Firm After $103M Raise

Blockchain-based consumer lender Figure added Morgan Creek Digital’s Anthony “Pomp” Pompliano to its board following a $103 million funding round.

Business  ·  5 December 2019
Loans

Ex-SoFI CEO’s Startup Closes $1 Billion Credit Line on a Blockchain

Figure Technologies, founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain.

Business  ·  10 May 2019