Figure Technologies
Reno, Nevada, United States · Blockchain, Cryptocurrency, Finance
A U.S.-based fintech firm focused on blockchain-native assets and decentralized financial services.
Key facts
- Headquarters
- Reno, Nevada, United States
- Employees
- 455
- Industries
- Blockchain, Cryptocurrency, Finance
- Status
- Public (FIGR)
- Website
- www.figure.com
- Company page
Recent activity at Figure Technologies
- : SEC 8-K (1.01): On November 10, 2026, Figure Technology Solutions, Inc. entered into a Credit and Guarantee Agreement with JPMorgan Chase Bank and certain domestic subsidiaries as guarantors, establishing a senior secured revolving credit facility with commitments of $465 million, maturing on November 10, 2029. The agreement allows for potential increases of up to $285 million under specified conditions, reaching total commitments of $750 million. Proceeds from this facility are intended for working capital needs and general corporate purposes. The borrowings will carry interest rates based on either a base rate or a term SOFR rate, with customary covenants and conditions for such agreements, secured by a first priority lien on the Company's assets.
- : Figure partners with Sierra to enhance loan conversion through AI agents for home equity applications.
- : SEC 8-K (2.01): On September 1, 2026, Figure Technology Solutions, Inc. completed its acquisition of Kiavi, Inc., a Delaware corporation, following the Merger Agreement dated June 10, 2026. The merger involved Project Mason Merger Sub, Inc., a wholly owned subsidiary of Figure Technology, merging with Kiavi, which will now operate as a wholly owned subsidiary of Figure Technology. The closing involved a cash consideration, net of cash acquired, although specific financial amounts have not been disclosed. This acquisition is expected to enhance Figure Technology's market position and expand its service offerings.
- : SEC 8-K (1.01): On July 14, 2026, Figure Technology Solutions, Inc. closed its offering of $600 million principal amount of 8.500% Senior Notes due 2031. These Notes were issued under an indenture among the Company, its domestic wholly-owned subsidiaries as guarantors, and Wilmington Trust, National Association as trustee. The Notes will accrue interest at a rate of 8.500% per annum and will mature on July 31, 2031, with interest payments starting January 31, 2027. The offering was conducted for qualified institutional buyers under Rule 144A, with terms including a call provision at a specified redemption price and requirements for a change of control offer at 101% of principal. This financing is significant for funding operational growth and managing existing debt.
- : SEC 8-K (8.01): On July 9, 2026, Figure Technology Solutions, Inc. announced the pricing of a private offering of $600 million in aggregate principal amount of 8.500% senior notes due 2031. The offering is set to close on July 14, 2026, subject to customary closing conditions. The net proceeds will be utilized for funding the cash consideration for the acquisition of Kiavi, Inc. as well as general corporate purposes. Notably, completion of the notes offering is not contingent upon the Kiavi acquisition, indicating financial flexibility for the company regardless of the transaction's outcome.
- : SEC 8-K (8.01): On July 6, 2026, Figure Technology Solutions, Inc. announced a private offering of $600 million in senior notes due 2031. The proceeds are intended for the cash consideration of the previously announced acquisition of Kiavi, Inc., as well as for general corporate purposes and covering fees related to the offering. Importantly, the completion of the offering is not contingent upon the finalization of the Kiavi Acquisition, meaning that even if the acquisition does not go through, funds may still be utilized for corporate needs. This issuance falls under the exemption provisions of the Securities Act, highlighting the regulatory framework surrounding the notes.
- : Figure to acquire Kiavi for $717 million
- : Figure Technology partners with Sixth Street to acquire Kiavi for $717 million.
- : SEC 8-K (1.01): On June 10, 2026, Figure Technology Solutions, Inc. entered into a Merger Agreement with Kiavi, Inc. and its wholly owned subsidiary Project Mason Merger Sub, Inc. The agreement stipulates that Merger Sub will merge with Kiavi, resulting in Kiavi becoming a wholly owned subsidiary of the Company. The Company will pay a total of $532,426,000 in cash to Kiavi's equity holders, subject to customary adjustments for cash, indebtedness, and other expenses. The transaction is contingent upon several conditions, including the approval by a supermajority of Kiavi's equityholders and various regulatory approvals, highlighting the strategic significance of this merger in expanding the Company's business operations.
- : Figure Partners with Credibly to Enhance Access to Financing for Small Businesses
Figure Technologies funding history
| Date | Round | Amount |
|---|---|---|
| May 2025 | Debt Financing | Undisclosed |
Leadership
- Macrina Kgil, Chief Financial Officer
- Michael Tannenbaum, Chief Executive Officer
- Ronald Chillemi, Chief Legal Officer
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Figure Technologies in the news
- Figure Home Equity Line Review - US News Money (Nov 09, 2026)
- FIGR: Figure Technology Solutions Inc. filed SEC Form 8-K: Entry... - Quantisnow (Nov 12, 2026)
- Figure Technology Solutions Reports Third Quarter 2026 Results - GlobeNewswire (Nov 12, 2026)
- FIGR jumps after strong Q3 results and a higher fourth-quarter volume outlook - Quiver Quantitative (Nov 12, 2026)
- Ramping Figure 03 Production - Figure (Apr 29, 2026)
- Figure HELOC Review 2026 - NerdWallet (May 06, 2026)
- National Overview: Facts and Figures on Materials, Wastes and Recycling - U.S. Environmental Protection Agency (.gov) (Dec 19, 2025)
- Facts and figures: Ending violence against women - UN Women (Nov 19, 2025)
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About Figure Technologies: questions and answers
What does Figure Technologies do?
A U.S.-based fintech firm focused on blockchain-native assets and decentralized financial services.
Where is Figure Technologies headquartered?
Figure Technologies is headquartered in Reno, Nevada, United States.
How many employees does Figure Technologies have?
Figure Technologies has about 455 employees.
Has Figure Technologies raised funding?
Yes. Fundz has recorded 1 funding event for Figure Technologies. The most recent, Debt Financing of Undisclosed, was in May 2025.
Who leads Figure Technologies?
Michael Tannenbaum is a Chief Executive Officer at Figure Technologies.
What is the latest news on Figure Technologies?
On Nov 12, 2026, SEC 8-K (1.01): On November 10, 2026, Figure Technology Solutions, Inc. entered into a Credit and Guarantee Agreement with JPMorgan Chase Bank and certain domestic subsidiaries as guarantors, establishing a senior secured revolving credit facility with commitments of $465 million, maturing on Novemb
Is Figure Technologies a public company?
Yes. Figure Technologies is publicly traded under the ticker FIGR.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy