Figure Technology Solutions (FIGR)
Financials · Blockchain-based fintech lending and capital markets infrastructure
Figure uses blockchain technology to disrupt consumer lending and capital markets by automating loan origination, dramatically cutting costs, and tokenizing real-world assets for efficient trading.
What Figure Technology Solutions does
Figure Technology Solutions is a fintech platform using blockchain technology to streamline consumer credit lending and digital asset markets. The company operates a proprietary loan origination system (LOS) for home equity lending, enabling 10-day median funding versus the industry median of 43 days, with dramatically reduced origination costs. Figure also develops blockchain-based infrastructure (Provenance Blockchain) for recording and trading real-world and digital assets, serving both direct-to-consumer lending and a growing network of partner lenders.
Themes: ["Blockchain / distributed ledger technology","Home equity lending / HELOC origination","Real-world assets (RWA) tokenization","Digital assets / cryptocurrency markets","FinTech lending platform","Loan securitization / capital markets","Consumer credit"]
Fundamentals
- Price$32.79 as of 2026-07-09 close
- Market cap$6.8B as of 2026-07-10
- 1-year return-25.0% as of 2026-07-09 close
- P/E37.63 as of 2026-07-10
- Net margin+30.5% as of 2026-07-10
- ROE+17.6% as of 2026-07-10
- Debt / equity0.67 as of 2026-07-10
- Revenue growth (YoY)+97.6% as of 2026-07-10
- Revenue CAGR (3y)+55.5% SEC XBRL
- Beta0.24 as of 2026-07-10
Key risks (from latest filing)
["Heavy reliance on HELOC market and exposure to housing value fluctuations; loan performance and default rates directly impact warehouse facility access and securitization pricing","Rapidly evolving and uncertain regulatory environment for digital assets and blockchain; potential adverse changes in characterization or regulation of digital assets could materially impact business","Dependence on third-party providers (cloud, custodial, data vendors) with risk of service outages; technology failures and cybersecurity incidents could disrupt operations"]
Competitors & peers
- Better.com (digital mortgage lending)
- Upstart Holdings (AI-driven lending platform)
- Rocket Companies / Quicken Loans (mortgage origination and digital lending)
- LendingClub (consumer lending platform)
- SoFi / Social Finance (fintech lending and investment platform)
- Blend Labs (digital lending infrastructure)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.