Figure

Figure is a fintech company based in San Francisco, California, founded in 2018. It focuses on transforming financial services by utilizing advanced technology, including blockchain, to enhance credit and lending processes. The company has developed a marketplace of scalable technology solutions that automate loan origination and securitization throughout the loan lifecycle. Figure offers a range of consumer-facing lending products, including home equity lines of credit (HELOCs), mortgage refinancing, and crypto-backed loans, all through a fully digital process. The company also provides equity management and private fund services, leveraging blockchain for improved efficiency and transparency. Additionally, Figure operates a marketplace for cryptocurrency trading and has introduced its own fiat-backed stablecoin. With a strong market presence, Figure has funded over $17 billion in home equity loans, making it the largest non-bank originator of HELOCs in the U.S.