Figure — Blockchain-Powered Financial Platform
Figure is a blockchain-powered financial technology company founded in 2018 by Mike Cagney, the former CEO of SoFi. Figure uses blockchain and AI to deliver faster, more transparent, and more efficient financial products, including home equity lines of credit (HELOC), crypto-backed loans, and DSCR refinancing. The company has unlocked over $30 billion in equity and served 253,000+ households.
Products
Figure offers a range of blockchain-powered financial products:
- HELOC (Home Equity Line of Credit) — Access your home equity with a fast, blockchain-powered approval process Crypto-Backed Loans — Borrow against your Bitcoin (BTC), Ethereum (ETH), or Solana (SOL) holdings
- DSCR Refinance — Debt service coverage ratio refinancing for investment properties
- Figure Markets — A blockchain-based marketplace for trading digital assets
Blockchain Technology
Figure is built on the Provenance Blockchain, a purpose-built blockchain for financial services. This technology enables Figure to process transactions faster, more transparently, and at lower costs than traditional financial institutions. The blockchain also provides an immutable record of all transactions, enhancing security and trust.
Track Record
Figure has unlocked over $30 billion in equity and served 253,000+ households, making it one of the most successful blockchain-powered fintech companies. The company's rapid growth and proven track record demonstrate the viability of blockchain technology in financial services.
Crypto Acceptance
Figure accepts Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) as collateral for its crypto-backed loan products, making it a key player in the crypto lending space.
Why Choose Figure
- $30B+ in equity unlocked across 253K+ households
- Blockchain-powered for faster, more transparent transactions
- HELOC, crypto-backed loans, and DSCR refinancing
- Accepts BTC, ETH, and SOL as collateral
- Built on the Provenance Blockchain for financial services
