Figure Technology Solutions, Inc. Class A Common Stock

OpenWorld Confirms Dual Listing on Figure OPEN on Track for Q4 2026 Following Stockholder Approval of Blockchain Common Stock

OpenWorld (NASDAQ: OPNW) confirmed its dual listing on Figure's On-chain Public Equity Network (Figure OPEN) remains on track to go live in Q4 2026, following stockholder approval on October 16 of a new Blockchain Common Stock class. The listing involves no new share issuance or capital raise; the blockchain-native shares will mirror existing OPNW Nasdaq shares with real-time settlement and 24/7 trading capability. For the filer, Figure Technology Solutions (NASDAQ: FIGR), this marks continued progress in onboarding the first Nasdaq-listed issuers onto its on-chain equity network -- a proof-of-concept milestone for the platform rather than a direct financial event.

•14d ago

Figure Ecosystem Small Business Financing Reaches Two Volume Milestones: First $50 Million Month and First $100 Million Quarter as AI Accelerates Small Business Formation

Figure Technology Solutions' small business financing vertical hit twin volume milestones in September 2026: its first $50 million month and first $100 million-plus quarter, funding $135 million in Q3 and now annualizing above $500 million. Launched in June 2025, the SMB vertical extends Figure's blockchain-based HELOC infrastructure, with 150+ partners including Lendio, Big Think Capital, and SBG embedding the product under their own brands. The company says the annualized funded volume would rank among the top 25 SBA 7(a) lenders by approved dollar volume just 16 months after launch, though Figure does not itself make SBA loans.

•17d ago

Kamino Launches Fixed-Rate Borrowing for Tokenized Assets; AUTO Market Grows From $10M to $135M in Three Weeks

Kamino launched Kamino Fixed Rates, letting investors borrow against tokenized real-world assets at a rate fixed for a set term, with AUTO as the first supported asset. AUTO, whose holders have exposure to consumer auto-loan financing through Figure's Democratized Prime marketplace, has grown from $10 million to $135 million in three weeks; borrowers took out over $40 million in fixed-rate loans in the first two weeks at rates from 5.3% to 6%. Figure (FIGR), Forward Industries (FWDI) and Galaxy (GLXY) are named as live users of Kamino's collateral and credit infrastructure, so the launch indirectly supports the demand side of Figure's tokenized-credit ecosystem.

•19d ago

Figure Technology Solutions Reports Preliminary September & Q3 2026 Operating Data

Figure reported preliminary September and Q3 2026 Consumer Loan Marketplace Volume of $5.119 billion, at the high end of its $4.8B-$5.2B guidance range and up 107% year-over-year. September volume alone was $1.783 billion, up 104% YoY, while $YLDS in circulation reached $504 million and Democratized Prime matched-offers, borrower demand, and lender supply balances all grew strongly quarter-over-quarter. Figures exclude Kiavi volumes following the September 1, 2026 merger closing; Kiavi's roughly one-month contribution will be included with full Q3 financial results due in November.

•1mo ago

Figure Partners with Sierra to Supercharge Loan Officers with AI Agents That Turn Abandoned Home Equity Applications into Funded Loans

Figure Technology Solutions (Nasdaq: FIGR) announced a partnership with Sierra, the conversational AI platform co-founded by Bret Taylor and Clay Bavor, deploying the Figure Agent — an AI agent built on Sierra's newly established Horizon platform — to revive abandoned home equity applications via voice and SMS. It is the first U.S. use of Horizon, which Sierra formed around its acquisition of Takeoff, and the agent autonomously clears routine friction points such as ID verification and bank account linking before handing borrowers to a loan officer to close. The backdrop is stark: HELOC closing pull-through averaged just 49% in 2024 on $271 billion of 2025 volume, meaning abandoned applications are a major revenue leak in a $2 trillion mortgage industry sitting on $35 trillion of U.S. home equity. In Figure's July 2026 pilot analysis, agent-assisted applicants progressed through friction stages at a 30-52% higher rate and funded 67% more loan volume, while combining the agent with loan officers produced a 143% lift in funded loan conversion; Figure plans to offer the integration to its network of more than 480 partners over the coming months.

•1mo ago

Figure Completes Acquisition of Kiavi

Figure completed its acquisition of Kiavi, the top Residential Transition Loan lender, integrating its technology and platform across Figure's network of more than 480 partners. The transaction included a joint venture with Sixth Street, a global investment firm with $135 billion in AUM, to purchase loans off Kiavi's balance sheet. Kiavi CEO Arvind Mohan joins Figure as Chief Business Officer, and the company plans to update its Q3 guidance to reflect the acquisition during its quarterly results.

•2mo ago

Figure Technology Solutions Reports Strong Second Quarter 2026 Results

Figure Technology Solutions delivered record Q2 results with net revenue of $226 million, up 113% year-over-year, and net income surging 192% to $87 million. Operational scale accelerated as Consumer Loan Marketplace volume reached $4.3 billion, driven by 132% volume growth, while cash and equivalents increased 20% to $1.4 billion. Management issued Q3 guidance for marketplace volume of $4.8 billion to $5.2 billion and confirmed the pending Kiavi acquisition remains on track to close in the second half of 2026.

•2mo ago

Figure Technology Solutions Reports Preliminary June & Q2 2026 Operating Data

Figure Technology Solutions reported preliminary June and Q2 2026 operating data that exceeded the top end of prior guidance ranges, driven by strong marketplace activity. Consumer Loan Marketplace Volume surged to $4.259 billion in Q2 2026, up 47% sequentially and 132% year-over-year, with June volume reaching $1.519 billion. The company highlighted liquidity metrics including $522 million in available lender supply on its Democratized Prime platform and $556 million in $YLDS in circulation, while shifting to a weekly transparency model.

•4mo ago

Figure Enters into Agreement to Acquire Kiavi, Bolstering Blockchain-Native Marketplace

Figure has signed a definitive agreement to acquire Kiavi for $717 million, marking a major expansion into the first-lien residential lending market. The deal includes a joint venture with Sixth Street to acquire Kiavi’s balance sheet assets, while Figure takes over the technology and operating platform. This acquisition adds over $7 billion in annual volume to Figure’s marketplace and is expected to be accretive to EPS with a cash payback period of less than four years. Kiavi CEO Arvind Mohan will join Figure’s executive team as Chief Business Officer, and the integration will serve as the first use case for Figure’s new AI onboarding product, Adaptor.

•4mo ago

Figure Technology Solutions Reports May 2026 Operating Data

Figure Technology Solutions reported May 2026 Consumer Loan Marketplace Volume of $1.40 billion, a 135% increase year-over-year and 5% month-over-month. The company’s $YLDS stablecoin circulation surged to $557 million, up from just $3 million in May 2025, signaling rapid adoption of its tokenized yield product. The Democratized Prime platform showed healthy liquidity with $500 million in available lender supply against $412 million in borrower demand.

•5mo ago

Raydium Surpasses $1T in Volume Following Robinhood and Revolut Listings

Raydium, the highest-volume decentralized exchange on Solana, has had its RAY token listed on both Robinhood and Revolut, marking the first time a Solana DEX token is available on both major consumer finance platforms. The listings follow Raydium surpassing $1 trillion in cumulative trading volume and generating $370 million in lifetime protocol revenue, with tokenized equity volume crossing $1 billion in the current month. Raydium serves as the primary trading venue for PRIME, the real-world asset consortium led by Figure (FIGR), which has originated over $19 billion in home equity loans on-chain, highlighting the protocol's role in institutional RWA infrastructure.

•5mo ago

Figure Technology Solutions Reports First Quarter 2026 Results, Achieves Record Consumer Loan Marketplace Volume

Figure Technology Solutions reported Q1 2026 revenue of $167 million, a 98% increase from the prior year. The company also achieved a net income of $45 million, with a net income margin of 27.0%, up 28 percentage points YoY. The Consumer Loan Marketplace volume reached $2.9 billion, growing 113% YoY. Figure Connect, a key component of this marketplace, saw volume of $1.6 billion, representing 56% of the total Consumer Loan Marketplace volume. Figure added a record 80 new partners in Q1 2026, including Flagstar Bank, a top 35 U.S. bank by assets. The company also launched Figure Forge, a platform that fractionalizes whole loans into liquid, single-dollar participation units. Q2 2026 guidance projects Consumer Loan Marketplace volume between $3.8 billion and $4.1 billion, reflecting continued strong growth.

•5mo ago

Figure Announces Strategic Partnership with SMB Lending Platform Credibly to Modernize SMB Capital Markets via Blockchain Rails

Figure announced a strategic partnership with Credibly to integrate SMB loans and revenue-based financing products onto its Democratized Prime platform. The partnership expands Figure's blockchain-native ecosystem into the SMB lending market, leveraging Figure Connect and DART to enhance liquidity and capital access. Credibly has facilitated over $3.0 billion in capital to more than 61,000 small businesses, adding significant volume to Figure's network of over 300 partners.

•6mo ago

OpenWorld and Figure Technology Solutions to Pursue Tokenization of OpenWorld Securities on Figure's OPEN Network

Figure Technology Solutions announced a partnership with OpenWorld to tokenize OpenWorld's equity securities on Figure's OPEN network upon OpenWorld's proposed NASDAQ listing. The agreement allows OpenWorld to issue equity on both traditional exchanges and Figure's blockchain infrastructure, leveraging features like direct ownership and cross-collateralization. OpenWorld also plans to utilize Figure Forge to bring private credit assets onchain, further validating Figure's ecosystem for real-world asset tokenization.

•6mo ago

Figure Technology Solutions Reports April 2026 Operating Data

Figure Technology Solutions reported April 2026 operating data, highlighted by Consumer Loan Marketplace Volume of $1.34 billion, up 12% sequentially and 108% year-over-year. $YLDS in circulation decreased 12% month-over-month to $529 million, while Democratized Prime matched offers rose 4% to $384 million. The company noted that over $24 billion of home equity has been originated through its ecosystem to date, positioning it as the largest non-bank provider of HELOCs.

•6mo ago