Figure

blockchainblockchain (lending)

FOUNDING YEAR: 2018
LOCATION: United States
Last Update: 02/02/2021

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MEDICI Analysis

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.

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

6

TOTAL FUNDING

$226.59 M

DATE OF LAST FUNDING

Jan 2021

IPO STATUS

Private

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).

ESTIMETED REVENUE RANGE

$10M to $50M

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

$100 M

LISTED

NO

ICO

20000000

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

78,264

AVERAGE VISITS (6 MONTHS)

241,227.39

MONTHLY VISITS GROWTH

-34.03%

VISIT DURATION

223

VISIT DURATION GROWTH

85.1%

PAGE VIEWS VISIT

4.67

PAGE VIEWS VISIT GROWTH

119.07%

BOUNCE RATE

57.5%

BOUNCE RATE GROWTH

0.76%

GLOBAL TRAFFIC RANK

291,677

MONTHLY RANK CHANGE

-45,097

MONTHLY RANK GROWTH

-13.39%

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