Full-Time
Posted on 2/20/2025
Blockchain-based home equity lending solutions
$57.2k - $71.5kAnnually
Mid, Senior
No H1B Sponsorship
New York, NY, USA
Hybrid schedule requiring 4 days per week in the office.
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Figure is a financial technology company that uses blockchain technology to improve financial transactions, specifically in the home equity lending market. It offers products like Home Equity Lines of Credit (HELOCs) and mortgage refinancing, allowing homeowners to access their home equity quickly and efficiently. The application process is fully online, enabling homeowners to receive funds in as little as five days, which is much faster than traditional banks that can take weeks or months. Figure ensures secure and cost-effective transactions through blockchain, and it generates revenue from origination fees and interest on loans, with competitive rates starting at 3.49% APR. Targeting homeowners across various U.S. states, Figure aims to meet the demand for quick access to home equity for purposes such as home improvements or debt consolidation.
Company Size
201-500
Company Stage
Series D
Total Funding
$406.6M
Headquarters
New York City, New York
Founded
2018
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Health & wellness - Figure pays 100% of premium costs for employees and dependents for medical, dental, and vision insurance (with the exception of costs associated with the buy-up medical plan.)
Continuing education - Figure will reimburse eligible employees for approved continuing education that either offers growth in an area related to his or her current position or that may lead to promotional opportunities.
Flexible time off - We offer 10 company-wide holidays plus one personal holiday, generous Flexible Time Away (FTA), Paid Time Off (PTO), and Paid Parental Leave.
Bonus & stock options - Figure’s Bonus Plan recognizes and rewards eligible employees’ efforts and contributions. Eligible employees are also granted an option to purchase a set number of shares of Figure’s common stock.
NEW YORK, NY - December 4, 2024 - Figure Technology Solutions ("Figure"), a technology platform powering a more efficient and liquid marketplace for financial products, today announced that Macrina Kgil, a seasoned finance executive, joined as Chief Financial Officer.
Figure Technologies laid off 90 employees this week, or about 20% of its staff, while it's also interviewing bankers in advance of a planned initial public offering for its lending business next year, according to documents reviewed by Bloomberg.
Figure Lending has unveiled a new piggyback loan at a time when housing affordability has rarely been worse.
The state of crypto, just like the crypto market, remains promising – if volatile – in 2024. While many observers may have believed that the crypto space would simply disappear after a wild start to the 2020s that saw it enter the mainstream and then implode; the incarceration of both FTX’s Sam Bankman-Fried and Binance’s Changpeng Zhao has paradoxically led to the opposite. The number of cryptocurrency, blockchain or Web3 initiatives announced by Fortune 100 companies has increased 39% year-over-year and hit a record high in Q1 2024, per a Wednesday (June 12) report from Coinbase
Figure Technology Solutions has launched a blockchain-based multi-seller, multi-buyer marketplace for private credit loans. Dubbed “Figure Connect” and called a first-of-its-kind offering, the marketplace brings the company’s capital markets buyers to its loan origination partners, Figure said in a news release Wednesday (June 12). The marketplace is a step toward building the first “highly liquid private capital marketplace for loans,” said Michael Tannenbaum, Figure’s chief executive