Tessera invests in Figure Series C

Tessera participates joins an all-star crew of investors and participates in Figure series C financing to continue company growth and expansion. Figure has been a rocket ship and their lending products on chain continue to provide value for borrowers and investors.

About Figure

Figure Technologies is transforming the lending experience for consumers through the power of blockchain technology. Figure can take loans from application to funding in days, not the weeks-long process offered by banks. Their products eliminate time consuming physical property appraisals and inspections, requires zero paperwork and offers five star customer service. Currently Figure offers HELOC, Mortgage Refinancing and Student Loan Refinancing and plans to continuously expand its portfolio of loan products. Figure processes all of its loans through Provenance, the company’s proprietary blockchain platform that will soon also process loans for leading financial companies around the world. The company was founded by serial technology entrepreneur Mike Cagney, who also founded SoFi and built the company into a multi-billion dollar business under his leadership as CEO.