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After turning $29M profit on $191M revenue and $6B in home equity lending, Figure’s IPO underscores push to reshape non-agency markets
Blockchain lender founded by SoFi’s Mike Cagney seeks to raise over $500 million, betting on faster HELOCs and digital lending infrastructure
Fintech company appoints longtime business attorney, prosecutor
Currently handling only HELOCs, Figure Connect has new products coming soon, says Chief Capital Officer.
Founder and former CEO, Mike Cagney, assumes the role of executive chairman.
Figure Lending now operating under the new umbrella brand, Figure Technology Solutions (FTS).
