“Conversion Capital has been an invaluable early investor in Figure. The network and extensive domain expertise has been an enormous help as we build a market defining company.” Mike Cagney, CEO & Founder
Figure is a financial technology company with the mission of leveraging blockchain, AI, and advanced analytics to unlock new access points for consumer credit products that can transform the financial lives of our customers.
They provide home equity release solutions, including home equity lines of credit, home improvement loans and home buy-lease back offerings for retirement. Concurrently, they are building a blockchain protocol for the origination, custody, trading and securitization of whole loans and other assets.
Conversion Capital was a Series A investor in 2018