General World News

Figure Lending shifts to new operational umbrella

Figure Lending LLC is now operating under the umbrella of Figure Technology Solutions, independent of CEO Mike Cagney’s Figure Technologies

Figure Technology Solutions will focus on developing and distributing its proprietary, technology-enabled platform to partners and investors in the home equity lending ecosystem, the fintech firm announced earlier this week.

The launch of Figure Technology Solutions comes a few months after Bloomberg reported that Figure Technologies was working with multiple investment banks — including  Goldman Sachs Group Inc., JP Morgan Chase & Co. and Jefferies Financial Group Inc. — to details ⇒

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