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Figure Technology Solutions has received strategic financing from Victory Park Capital. The amount of the deal was not disclosed and the funds will accelerate its crypto-backed loan business.

May 22, 20254 months ago
New YorkFinanceCryptocurrencyBlockchain

Investors

Victory Park Capital

Description

Figure Technology Solutions, a NYC-based provider of a technology platform for blockchain-based capital markets, received strategic financing from Victory Park Capital. The deal amount was not disclosed. The company plans to use the funding to scale its crypto-backed loan business. Figure Lending LLC, a subsidiary, is a non-bank provider of home equity lines of credit.

Company Information

Company

Figure Technology Solutions

Location

New York, New York, United States

About

Figure Technology Solutions is a provider of a blockchain–based technology platform built to enhance efficiency and transparency in financial services. Figure Connect is empowered by the provenance blockchain, which onboards all of its loans. Its subsidiary, Figure Lending LLC, is a non-bank provider of home equity lines of credit.

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