Figure Technology Solutions (Nasdaq: FIGR), a provider of blockchain-powered capital markets, has formed a strategic alliance with Credibly, a Fintech specializing in AI-driven working capital solutions for small and medium-sized businesses (SMBs). Announced on May 5, 2026, the collaboration aims to bring greater efficiency, liquidity, and accessibility to the SMB lending sector by integrating Credibly’s products into Figure’s digital infrastructure.
This partnership represents a major step forward for Figure, which is already seeing strong momentum in SMB-focused lending—one of its quickest-expanding areas.
SMBs account for roughly half of US employment and economic output, yet many owners struggle to secure adequate funding, with fewer than half obtaining the full amount they need. By leveraging blockchain, the alliance seeks to address these long-standing gaps and create more inclusive capital markets.
Under the agreement, Credibly will integrate its small business loans and revenue-based financing options—such as merchant cash advances—directly onto Figure’s Democratized Prime platform.
This always-available decentralized lending marketplace acts like a DeFi-native warehouse line of credit, allowing lenders to fund loans and receivables almost instantly.
Assets will also flow through Figure Connect, the company’s blockchain marketplace for tokenizing and selling whole loans or securitizations to investors, and DART, Figure’s immutable digital registry for electronic notes and liens that replaces outdated systems like MERS.
The integration combines blockchain’s transparency and security with AI-powered decision-making to deliver faster capital access, reduced costs, and improved liquidity for borrowers.
It marks the second time a fintech has used Democratized Prime as a funding vehicle, signaling growing interest in these modern rails.
Figure CEO Michael Tannenbaum highlighted the parallels between SMB lending and the mortgage market, noting both suffer from high costs, slow processes, and limited liquidity.
“Partnering with Credibly allows us to build on our recent SMB growth while meeting strong demand from lenders who need capital markets infrastructure that matches their speed and innovation,” he explained.
For Credibly, the move aligns with its mission to harness emerging technologies for broader SMB access.
Co-founder and co-CEO Ryan Rosett emphasized that business owners need financing that matches the pace of their operations.
“We’re focused on using the best tools available to make funding quicker and easier, and Figure’s platform lets us deliver real-time solutions,” Rosett said.
Credibly has disbursed more than $3 billion in working capital to over 61,000 small businesses and completed four KBRA-rated securitizations, including a $124 million deal in early 2026 that can expand to $225 million.
The new partnership takes effect in the second quarter of 2026, following a similar successful integration with auto fintech Agora Data.
This alliance underscores the role of real-world asset (RWA) tokenization in democratizing finance. By connecting innovative originators like Credibly with efficient, blockchain-based markets, Figure is helping modernize how US small businesses secure the capital they need to steadily expand their operations.