Tagged: figure technologies

April 27, 2023 @ 4:29 pm By Omar Faridi  |  

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

October 30, 2022 @ 8:40 pm By Omar Faridi  |  

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

August 12, 2022 @ 3:00 pm By Omar Faridi  |  

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

April 24, 2022 @ 11:47 am By Omar Faridi  |  

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

August 3, 2021 @ 3:50 pm By JD Alois  |  

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

May 20, 2021 @ 10:00 am By Omar Faridi  |  

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

May 17, 2021 @ 10:52 pm By Omar Faridi  |  

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

May 12, 2021 @ 12:23 pm By Samantha Hurst  |  

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

December 22, 2020 @ 9:55 pm By JD Alois  |  

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

November 6, 2020 @ 3:09 pm By Samantha Hurst  |  

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

February 12, 2020 @ 2:58 pm By Omar Faridi  |  

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