Search Results for "Figure Technologies"
4 results for "Figure Technologies"
Deals 4
Figure Technologies OCC Fintech Charter Review Completed, Decision Pending
OCC Acting Comptroller Michael Hsu indicated in December 2021 that the review of Figure Technologies' national bank charter application was complete, with a decision expected shortly. Figure, a blockchain-based fintech, had originally filed in November 2020. No approval was granted in December 2021, but the pending decision signaled a potential landmark moment for fintech chartering.
Figure Technologies Announces Merger with Homebridge Financial Services
Fintech Figure Technologies announced a merger with mortgage lender Homebridge Financial Services, combining Figure's Provenance Blockchain platform with Homebridge's $25 billion+ loan origination capabilities and 180 retail branches. The deal aims to enhance lending efficiency and expand Figure's reach into physical banking infrastructure.
Figure Technologies Files OCC National Bank Charter Application
Blockchain-powered fintech Figure Technologies filed an OCC national bank charter application on December 7, 2020. The company, known for its blockchain-based lending and financial services, sought a federal charter to expand its banking operations. The application drew industry and trade group commentary but no approval was granted in December 2020.
CSBS Files Lawsuit to Block Figure Technologies OCC Charter Application
The Conference of State Bank Supervisors (CSBS) filed a lawsuit to block the OCC's approval of Figure Technologies' national bank charter application. The legal challenge exemplified the ongoing federal-state battle over fintech chartering authority that shaped the BaaS industry's structure.