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Blockchain-based credit company Figure Technology Solutions Inc. filed publicly for an initial public offering, joining the rush of crypto-related firms entering the market.
August 19
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The fintech firm announced it has taken the first formal step in going public via the filing of a draft registration statement on S-1 with the SEC.
August 5
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The merger of the firm's lending arm and Figure Markets is a reaction to a thawing regulatory environment.
July 18
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Figure Technologies is adding a Bitcoin option to its home equity line of credit, while Milo has done $65 million of crypto mortgages since 2021.
March 5
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A joint venture with Sixth Street will give Figure more liquidity to scale Figure Connect, a blockchain-based private capital marketplace.
February 27
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A fintech leader says his blockchain tech could help stakeholders buying and selling loans gain trust in one another.
July 31
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Lenders including The Loan Store, Movement Mortgage, Bayview Asset Management and Saluda Grade are already using Figure Connect, the company said.
June 12 -
The proposed class action suit claims the fintech lender purposefully pushed customers applying for HELOC loans into higher rates, or misrepresented rates at the beginning.
June 11
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Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24
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Figure claims its lien and eNote registry is a "streamlined and markedly efficient alternative to manual assignments and conventional loan tracking databases."
April 11
