Recent Updates — FGRS
Figure Technology Solutions reported preliminary operating data for the quarter ended September 30, 2026, showing Consumer Loan Marketplace Volume of $5.12 billion, which sits at the high end of its previously issued guidance range of $4.8 billion to $5.2 billion. Monthly volume for September reached $1.78 billion, up 9% from August and 104% year-over-year. The company also reported $YLDS in circulation of $504 million and a Democratized Prime Matched Offers Balance of $588 million. These figures exclude loan volumes originated on the Kiavi platform following its acquisition closing on September 1, 2026; Kiavi's contribution will be included in the final financial results to be released in November. Figure Technology Solutions operates as a blockchain-native capital marketplace for the origination, funding, and trading of tokenized assets.
Figure Technology Solutions completed its acquisition of Kiavi on September 1, 2026. The company paid approximately $590 million in net cash consideration to acquire Kiavi's technology platform and DSCR loans. This transaction was primarily funded using the $600 million aggregate principal amount from 8.500% Senior Notes due 2031 issued in July 2026. Concurrently, Figure repaid all outstanding obligations under Kiavi’s Third Amended and Restated Credit Agreement and terminated a Master Repurchase Agreement with Deutsche Bank AG. The company operates in the real estate technology sector.
Figure Technology Solutions reported financial results for the three and six months ended June 30, 2026. Net revenue increased 113% year-over-year to $225.6 million in Q2, while net income surged 192% to $87.4 million. Consumer Loan Marketplace volume reached $4.3 billion, up 132%, with Figure Connect accounting for $2.8 billion of that total. Adjusted EBITDA rose 126% to $119 million, and cash and cash equivalents totaled $1.4 billion. The company provided Q3 2026 guidance for Consumer Loan Marketplace volume between $4.8 billion and $5.2 billion. Figure Technology Solutions operates as a blockchain-native capital marketplace for the origination, funding, sale, and trading of tokenized assets.
Figure Technology Solutions, Inc. issued a press release on July 7, 2026, announcing preliminary operating results for the quarter ended June 30, 2026. The filing does not contain specific financial figures or detailed operating results within the text of the most recent 8-K. Figure Technology Solutions, Inc. operates in the financial technology sector, providing blockchain-based lending and financial services.
Figure Technology Solutions, Inc. announced the launch of a private offering of $600 million in aggregate principal amount of senior notes due 2031. The company intends to use the net proceeds to fund the previously announced acquisition of Kiavi, Inc. and for general corporate purposes. Figure Technology Solutions, Inc. is a financial technology company providing blockchain-based lending and services.