Transaction · Mortgage Tech · 2026

Figure acquires Kiavi

Figure acquired Kiavi for $717M on June 10, 2026.

Target
Kiavi
Acquirer
Figure
Deal value
$717M
Announced
June 10, 2026
Sub-sector
Mortgage Tech

Transaction overview

  • Figure announced the acquisition of Kiavi on June 10, 2026 for $717M.

Strategic rationale

Figure acquires AI-powered mortgage lender Kiavi for $717M, signaling consolidation in digital lending.

Deal terms & multiples

Deal value
$717M
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
June 10, 2026
Acquirer
Figure (Strategic)
Sub-sector
Mortgage Tech

Sources

  • bankingdive.com /news/figure-kiavi-ai-real-estate-lending-platform-717-million-sixth-street/822530/