San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Figure is raising $199,999,516.00 in new funding. Sources indicate as part of senior management Chief Executive Ofiicer, Michael Cagney played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Figure
We create innovative financial solutions for homeowners. Our mission is to build products that offer unprecedented speed and ease, powered by blockchain technology. We continue to expand a comprehensive set of offerings that align with member needs throughout the course of their financial lives. We understand that financial lives are complex. It involves saving, spending and borrowing all at the same time, we help you Figure it out. Figure is transforming financial services through blockchain, bringing speed, efficiency and savings to both consumers and institutions. Figure continues to unveil a series of fintech firsts across the capital markets, investment management, and banking and payments sectors. Figure leverages Provenance blockchain for loan origination, servicing, financing and now private fund services. Figure was founded in 2018 by serial technology entrepreneur Mike Cagney, who also founded SoFi and built the company into a multi-billion dollar business under his leadership as CEO.

To learn more about Figure, visit http://www.figure.com/

Contact:
Michael Cagney, Chief Executive Ofiicer
888-819-6388
mcagney@figure.com
https://www.linkedin.com/in/mikecagney/

SOURCE: http://www.intelligence360.io
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