A number of American banks formed a consortium to mint USDF stablecoins in an effort to address consumer protection and regulatory concerns about the non-bank-issued stablecoins as we can see more today in our cryptocurrency news. The USDF Consortium is an association of the Federal Deposit Insurance Corporation that was launched on January 12th. The […]

Figure Technologies Inc., the startup co-founded by Mike Cagney, created a platform to help private companies raise and trade equity using its blockchain technology. Figure Equity Solutions has already helped manage, raise and trade more than $4.7 billion in equity, the company said Wednesday in a statement. The business has done two secondaries now with […]

As digital assets continue to become more and more mainstream, what role they’ll play as they move beyond a token for professional traders to something more widespread and ubiquitous remains a primary question. To some extent, there are no clear answers – yet. A lot depends on the moves that government organizations and banks make moving forward, and the answers they come up with could have ramifications that completely change the nature of banking going forward. While the regulatory answers are still murky – though that may not be the case for long, as the Biden administration continues to focus

The post Can Digital Assets Really Disrupt Payments? first appeared on FinTech Rising.

After the Series D round, Figure Technologies has raised more than $425 million and its valuation is up to $3.2 billion.

The post Blockchain lending firm Figure raises $200 million, pushing its valuation to $3.2 billion appeared first on The Block.

Figure Technologies, Inc., which aims to transform financial services by leveraging the power of blockchain tech, has finalized a $200 million Series D...

Figure Securities, a division of the digital lending service provider Figure Technologies, has reportedly acquired approval from the US Securities and Exchange Commission...

Lots of crypto stories again this week but probably the biggest story, particularly for fintech lenders, was the vote in the Senate to...

The keynote stage at the Javits Center, the heart of the virtual LendIt Fintech USALast week the fintech world gathered online for the...

The biggest fintech event of the year to date will feature the industry's best networking, a cutting edge agenda, a startup contest and...

Figure Technologies Inc. is making plans to launch a special purpose acquisition company (SPAC). Dubbed Figure Acquisition Corp.I, the blank-check firm will enable Figure to raise $250 million, according to a Bloomberg report on February 12, 2021. Figure’s SPAC Ambition  Figure Technologies Inc., a San Francisco-based company that issues mortgages and loans via its proprietaryRead More

Figure Lending has obtained a $100 million loan facility from leading U.S lender, JPMorgan for conforming and jumbo mortgages. The blockchain-powered mortgage platform claims it has secured $1.5 billion of lending facilities via five funding deals, according to a LedgerInsights report on January 15, 2021. Figure Gets $100 Million From JPMorgan  Figure Technologies Inc., aRead More

SoFi, an online student lender, has filed for a national bank charter with the Office of the Comptroller of the Currency, taking...