Figure is eyeing a valuation of $2 billion to $3 billion and a first half of 2024 IPO date for its LendCo division, sources told Bloomberg.
Former SoFi Technologies boss Mike Cagney founded Figure in 2018.
-
Rising Interest Rates: Impact on Mortgage Lending and Borrowers Explore the implications of rising interest rates on mortgage lending, including borrower challenges and lender strategies.
Estimated reading time: 0 minutes, 21 seconds
Figure Hires Banks to Take Lending Arm Public: Bloomberg
Fintech company Figure Technologies has enlisted banks such as Goldman Sachs, JPMorgan Chase and Jefferies Financial for its lending arm’s initial public offering, according to sources with knowledge of the situation. So reports Bloomberg.
MOST READ STORIES
Fast,Easy & Free
