Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today announced it has signed an agreement to merge with Homebridge Financial Services in a landmark deal that will reshape the technology landscape of the nation’s mortgage industry.

“We are bringing together the most robust, powerful and efficient technology ever seen in lending and pairing that with a $25 billion a year loan originator with 150,000 customers who we can introduce to new payment and lending products,” said Mike Cagney, co-founder and CEO of Figure. “We’re going to deliver to this all-star loan origination team at Homebridge a tech platform on Provenance Blockchain that is going to double their capacity for fulfilling loans.”

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