Figure
blockchain . blockchain (lending)
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About
Figure is a financial technology company that offers consumer credit products by leveraging blockchain, AI, and advanced analytics. It helps users to learn how to use home equity in order to consolidate debt, pay for home improvement or fund their retirement.
Focus
PRODUCTS & SERVICES
It offers equity release solutions like home equity lines of credit, home improvement loans, and home buy-lease back offerings for retirement. It is also building a blockchain protocol for the origination, custody, trading, and securitization of whole loans and other assets.
People
FOUNDERS
Cynthia Chen
June Ou
Michael Cagney
Sara Priola
NUMBER OF EMPLOYEES
51-200
INVESTORS:
KEY EMPLOYEES:
Alana Ackerson
Momentum
FUNDED
YES
TOTAL FUNDING
$226.59 M
DATE OF LAST FUNDING
Dec 2019
TOTAL FUNDING COMMENT
The company is planning to use the fund to utilize the blockchain as it tries to build a faster, cheaper and more secure way to create and package financial assets. It will build a system that facilitates financing, that would ultimately act as a market where people can buy and sell credit(May 2018).
FUNDING SERIES
SERIES A · $50 M · May 2018
SERIES B · --- · Apr 2019
SERIES C · $103 M · Dec 2019
OTHERS · $73.59 M · Feb 2019
DEBT FUNDING
$1 B
LISTED
NO
ICO
20000000
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