Figure Technology Solutions, Inc. (FIGR) company profile
Close on Nov 12, 2026Market cap $5.76BP/E 26.7Yield –
About Figure Technology Solutions
Loan Brokers, SIC 6163
Figure operates a blockchain-based financial technology platform that automates and supports lending, trading, and investing activities across capital markets. The company provides loan origination software, the DART tracking platform, and the Figure Connect secondary marketplace to connect borrowers, originators, and loan buyers, primarily facilitating home equity lines of credit as well as digital asset-backed loans. It also develops digital asset solutions, including the Figure Exchange trading marketplace, an interest-bearing transferable stablecoin, and a decentralized prime platform. Figure serves individual retail borrowers, institutional investors, and third-party lending partners.
The enterprise operates nationwide across the United States, providing direct consumer home equity lines of credit in Washington, D.C. and forty-nine states, and offering digital asset-secured personal loans across forty-one states. Its network includes hundreds of active partners, and it maintains international intellectual property protections across several foreign jurisdictions. The provided report does not state Figure's specific headquarters location.
Summary of the business section of Figure Technology Solutions's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Figure Technology Solutions, Inc.
- Founded
- 2018
- Headquarters
- Reno, NV
- Address
- 100 West Liberty St., Suite 600 10018
- Phone
- (917) 789-8049
- Website
- figure.com
- Employees
- 307, Dec 31, 2025
- Industry
- Loan Brokers
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, San Francisco, California
Stock & identifiers
- Ticker
- FIGR
- Other tickers
- FGRS
- Exchange
- Nasdaq
- IPO date
- Sep 11, 2025
- Shares outstanding
- 224M, Aug 7, 2026
- Filer category
- <br>Emerging growth company
- SEC CIK
- 2064124
- CUSIP
- 349381103
- ISIN
- US3493811034
- FIGI
- BBG01NGH78G1
- Share class FIGI
- BBG01NGH78K6
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael Benjamin Tannenbaum | Chief Executive Officer, Director | 2,897,209 |
| Minchung Kgil | Chief Financial Officer | 481,067 |
| Brian Walter Crist | CLO and Corporate Secretary | 245,000 |
| David Todd Stevens | Chief Capital Officer | 376,599 |
| Michael Scott Cagney | Director | 42,171,584 |
| June Ou | Director | 42,154,742 |
| Lesley Goldwasser | Director | 12,706 |
| Sachin Chand Jaitly | Director | 0 |
| Adam Gilbert Boyden | Director | 3,245,187 |
| Daniel Wayne Morehead | Director | 1,542,871 |
| David K. Chao | Director | 4,000 |
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Option awards | Incentive pay | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Michael Tannenbaum Chief Executive Officer and Director | $424.72K | $715.39K | $5.57M | $2.86M | $291.55K | $9.86M | -72% |
| Macrina Kgil Chief Financial Officer | $450.00K | $300.00K | $442.99K | $232.51K | $236.38K | $1.66M | -68% |
| Todd Stevens Chief Capital Officer | $350.00K | – | – | – | $257.80K | $607.80K | -88% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Sep 11, 2025
- Offer price
- $25.00
- Securities offered
- 31,500,000
- Gross proceeds
- $787.50M
- Exchange
- Nasdaq
- Lock-up ends (est.)
- Mar 10, 2026
“The initial public offering price is $25.00 per share.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 1, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 11, 2025 | IPO | Initial public offering priced (424B4 prospectus) |
| Sep 8, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Sep 2, 2025 | Name change | Name changed from FT Intermediate, Inc. to Figure Technology Solutions, Inc. |
See a number that looks wrong?