Figure Technologies

Figure Technologies

Finance

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.

Figure Markets CEO Mike Cagney (Figure)

Markets

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.

Figure Markets CEO Mike Cagney (Figure)

Finance

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.

jpmorgan

Finance

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.

Figure Markets CEO Mike Cagney (Figure)

Finance

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.

house money

Markets

Mainstream Moments and the CompuServe of Crypto, Feat. Andreas M. Antonopoulos

With the price of bitcoin headed up again, the idea of blockchains and digital currencies has never been more palatable to the mainstream. We've seen this cycle before, but could this time be different?

Photo by pixpoetry on Unsplash

Markets

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.

Former Coinbase president and COO Asiff Hirji (L) has joined lending startup Figure Technologies as its new president.

Finance

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.

Anthony Pompliano, Pomp, Morgan Creek

Markets

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.

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