Figure hits $1B weekly loan applications; pivots from blockchain HELOC lender to broader.

Figure launched a new product on August 20, 2026.

Primary

Figure

Date

August 20, 2026

Sub-sector

Lending Tech (Consumer)

Shows how a fintech can scale volume and expand use cases beyond initial thesis. Relevant for founders in lending or embedded finance exploring platform expansion strategies.

Primary company

Figure

Counterparty

Not disclosed

Amount

Not disclosed

Event date

August 20, 2026

Sub-sector

Lending Tech (Consumer)

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

Tearsheet

Source: tearsheet.co