Tagged: figure technologies

Blockchain Firm Figure Announces Lending as a Service Offering

Figure Lending LLC and Figure Technologies, Inc., a key player focused on transforming financial services through the power of blockchain technology, announced it has expanded its Partnership business to “include an increased offering under the Lending-as-a-Service (LaaS) platform, in addition to the previously launched Wholesale… Read More

Figure Technologies, which Enhances Financial Services by Leveraging Blockchain Tech, Closes HELOC Securitization

Figure Technologies Inc., a firm focused on transforming financial services through the power of blockchain technology, announced “the close of a HELOC (home equity line of credit) securitization underwritten by Jefferies, Goldman Sachs, and J.P. Morgan.” The FIGRE 2023-HE1 asset-backed securities (ABS) offering “was comprised… Read More

Hamilton Lane, Figure to Launch Private Markets-Focused, Blockchain-Native Registered Investment Fund

Figure Technologies, Inc. and Hamilton Lane (NASDAQ: HLNE) are preparing to launch three new share classes of Hamilton Lane’s private markets-focused fund registered under the Investment Company Act of 1940 that “digitize the fund share ownership record on the Provenance Blockchain using Figure’s Digital Fund… Read More

Figure’s “Banking in a Box” Platform to Offer Issuing Processing Services

Figure Technologies, Inc., a key player in transforming financial services through the power of blockchain tech, announced a collaboration with Visa “to provide issuing processor services via Figure’s blockchain-based Banking in a Box platform.” Visa DPS, used by financial institutions around the globe, will be… Read More

DART or Digital Asset Registration Technologies Adds Integrations to Lien, eNote Registry System

DART (Digital Asset Registration Technologies, Inc.), a combined lien and eNote registry system developed by Figure Technologies, Inc. using blockchain technology, recently announced integrations with Blue Sage, a Cloud-based digital lending platform “for retail, wholesale and correspondent lenders, and Docutech, the … provider of document,… Read More

Blockchain based Fintech Figure Merges with Mortgage Provider Homebridge Financial Services

Figure, a financial services firm utilizing blockchain technology, has announced a merger with Homebridge Financial Services. Figure was founded by CEO Mike  Cagney, the founder of publicly-traded SoFi, a Fintech unicorn. The terms of the deal were not revealed. At the end of July, Figure… Read More

Mike Cagney’s Blockchain Firm Figure Technologies Acquires $200M via Series D at $3.2B Valuation

Figure Technologies, Inc., which aims to transform financial services by leveraging the power of blockchain tech, has finalized a $200 million Series D round at a $3.2 billion valuation. 10T Holdings and Morgan Creek Digital have reportedly co-led the investment round. They’ve been joined by… Read More

Mike Cagney from Figure Technologies Says their Blockchain Enabled Provenance Platform can Open Up Universe of Security Tokens

Figure Securities, a division of the digital lending service provider Figure Technologies, has reportedly acquired approval from the US Securities and Exchange Commission (SEC) to serve as a broker-dealer and also operate as an SEC-registered Alternative Trading System for digital securities that are custodied on… Read More

Mike Cagney’s Figure Technologies Receives Regulatory Approval to Operate Alternative Trading System

Figure Technologies, a lending platform that uses blockchain technology, announced on Wednesday its subsidiary, Figure Securities, Inc. has become a FINRA-approved broker-dealer and an SEC-registered Alternative Trading System (ATS) for digital securities custody on Provenance Blockchain. As previously reported, Figure is the creation of Mike… Read More

Conference of State Bank Supervisors Targets OCC Chartering Authority of Fintechs in Lawsuit, Points Finger at Figure Technologies

The Conference of State Bank Supervisors (CSBS) has filed a lawsuit against the Office of the Comptroller of the Currency (OCC), as well as Acting Comptroller Brian Brooks, regarding the agency’s ability to issue federal bank charters to Fintechs. The complaint mentions Figure Technologies, a… Read More

Mike Cagney’s Figure Technologies Applies For U.S. National Bank Charter & Announces New CEO For Figure Bank

Figure Technologies, a lending platform that uses blockchain technology, announced on Friday it has applied for a U.S. national bank charter The fintech is now seeking the Office of Comptroller of the Currency’s approval to offer home equity loans and financing services across the U.S…. Read More

Figure Technologies Introduces New “Blockchain” Character Who Explains Benefits of DLT in Order to Help Firm Compete with Financial Giants

Lending firm Figure Technologies is betting on an animated character, called “Blockchain,” which the firm is hoping will allow it to become more competitive against large financial institutions which currently control most of the businesses that the startup is planning to transform. As explained via… Read More

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