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Tag: Figure Technologies

Mike Cagney’s Figure Technologies Scores Regulatory Approval to Operate Alternative Trading System

Figure Technologies, a lending platform that uses blockchain technology, announced on Wednesday its subsidiary, Figure Securities, Inc. has become a FINRA-approved broker-dealer and...

Mike Cagney’s Figure Launches Black-Check Firm to Raise $250 Million

Mike Cagney’s Figure Launches Black-Check Firm to Raise $250 Million
Mike Cagney’s Figure Launches Black-Check Firm to Raise $250 MillionFigure Technologies Inc. is making plans to launch a special purpose acquisition company (SPAC). Dubbed Figure Acquisition Corp.I, the blank-check firm will enable Figure to raise $250 million, according to a Bloomberg report on February 12, 2021. Figure’s SPAC Ambition  Figure Technologies Inc., a San Francisco-based company that issues mortgages and loans via its proprietary
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Ex-SoFi CEO starts blank-check company to raise $250M

Mike Cagney’s blockchain lending startup Figure Technologies Inc. plans to raise $250 million through a new blank-check company, according to an SEC filing. The...

The Briefing: Figure Launches SPAC To Raise $250M, Felyx Lands $29M, And More,

Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to...

Blockchain Mortgage Platform Figure Launches SPAC to Raise $250M

Figure seeks to raise $250 million through the special purpose acquisition company, according to a regulatory filing on Thursday night.

[Varo Money in PR Newswire] Jakub Jurek Joins Varo Bank as Chief Data Officer

SAN FRANCISCO, Feb. 10, 2021 /PRNewswire/ — Varo Bank, the first all-digital nationally chartered bank in the US, today announced that it has...

US IPO Weekly Recap: Biotechs flood the IPO market in a 14 IPO week

The IPO market had its busiest week yet this year with 14 IPOs raising $3.9 billion and 27 SPACs raising $9.2 billion. The...

Figure Blockchain Lending Platform Secures $100m from JP Morgan 

Blockchain firm Figure secures $100m JP Morgan mortgage financing as bank license hopes dented
Blockchain firm Figure secures $100m JP Morgan mortgage financing as bank license hopes dentedFigure Lending has obtained a $100 million loan facility from leading U.S lender, JPMorgan for conforming and jumbo mortgages. The blockchain-powered mortgage platform claims it has secured $1.5 billion of lending facilities via five funding deals, according to a LedgerInsights report on January 15, 2021. Figure Gets $100 Million From JPMorgan  Figure Technologies Inc., a
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Blockchain Lender Reports 300% Surge as Fed Slashes Interest Rates

A blockchain lending firm has seen the value of total loans funded surge to $1 billion since the United States Federal Reserve announced...

This Week in Fintech ending 28 February 2020

This weekly summary from our 5 experts, brings you insights based on their experience as investors, entrepreneurs & executives. Ilias Hatzis started his first...

`Before me, everything was done manually` says the `Blockchain` Figure muppet

Meet the new mascot “Blockchain,” a puppet that Figure Technologies has created for their video ads aiming at the masses who should consider...

Blockchain Payments Startup Bucks The Trend: Raises VC Funding

At a time when venture capitalists are shying away from blockchain startups, Paystand, the payments fintech is bucking...

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