Figure Technology Solutions Inc

NASDAQ:FIGR

Figure Technology Solutions is a financial technology company that uses blockchain-based software to help consumers borrow, refinance, and move money in a faster, more automated way. Its core products include home equity loans, mortgage-related lending tools, and infrastructure software for lenders and capital markets firms. The company sits between borrowers, loan originators, and investors, helping turn lending workflows that are usually slow and paper-heavy into digital processes. Figure makes money mainly by originating loans and by charging fees for its technology and loan-processing services. It also earns from the way it packages, finances, and sells loans to investors and funding partners. Its customers include homeowners who need credit, mortgage lenders that want better loan-automation tools, and institutional buyers that provide capital behind the loans. What makes Figure different is that it is not just a lender and not just a software company. It combines both roles, using its own platform to handle underwriting, loan servicing, and secondary-market transfer of loans on blockchain infrastructure. That gives it a direct role in the lending value chain, from the borrower application to the funding and sale of the loan.