Articles from Figure Technology Solutions, Inc.

Figure Technology Solutions, Inc.1 (“Figure”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Figure Technology Solutions, Inc. (“FTS”) today announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”), relating to the proposed initial public offering of its equity securities expected in 2025. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market and other conditions, as well as the completion of the SEC’s review process.

With the recent easing monetary policy driving home purchases and refinancings, Figure Technology Solutions, Inc. (“Figure”), a technology platform powering a more efficient and liquid marketplace for financial products, today announced the nationwide launch of its Piggyback HELOC platform to address a growing swath of first-time and existing homeowners.

Figure Technology Solutions, Inc. (“Figure”), a technology platform that powers a more efficient and liquid marketplace for financial products, today announced that it is now offering its embedded home equity line of credit (“HELOC”) in New York and Delaware, completing Figure’s coverage of the East Coast region.

Figure Technology Solutions, Inc. (“Figure”), a technology platform that powers a more efficient and liquid marketplace for financial products, today announced its first major release developed on OpenAI’s GPT. The tool, a “stare and compare” killer, aims to reduce costs, manual work, and bias while increasing speed and customer satisfaction across loan origination and purchasing processes to benefit lending partners and consumers.

Figure Technology Solutions, Inc. (“Figure”), a technology platform that powers a more efficient and liquid marketplace for financial products, today announced the appointment of Ronald Chillemi as its first Chief Legal Officer (CLO) and Corporate Secretary. In this role, he will lead the company’s legal and compliance functions.

Figure Lending LLC (“Figure Lending”), the largest non-bank originator of HELOCs1, today announced that it is operating under the new umbrella brand Figure Technology Solutions. Figure Technology Solutions, Inc. (“FTS”), the new parent company of Figure Lending, is focused on continuing to develop and distribute their proprietary technology-enabled platform to lending partners and investors in the lending ecosystem. FTS is designed to create more transparent and efficient loan origination and capital markets through the unique combination of its cutting-edge technology and the growing pool of assets originated on its platform through its partner network.