Figure Technology, a blockchain-based lending and infrastructure firm, will float its shares on Nasdaq today, raising over $780 million. The shares will trade under the ticker symbol FIGR and will become the most recent Fintech to successfully go public this year. Figure also bumped up… Read More
Read more in: Blockchain & Digital Assets, Offerings | Tagged figr, figure, heloc, ipo, mike cagney, nasdaq
Better.com (NASDAQ: BETR), an AI-powered digital homeownership company, today announced a new partnership with Biz2Credit, a financing platform for small businesses. This collaboration will provide Biz2Credit’s customers with the option to receive $50,000 to $500,000 in additional financing options through Better.com’s Home Equity Line of… Read More
Read more in: Artificial Intelligence, Fintech, Real Estate | Tagged better.com, biz2credit, heloc, rohit arora, smb financing, vishal garg
Data from TransUnion shows that rising interest rates have pooped the credit union account origination party. The newly released Q3 Credit Union Market Perspectives Report can be viewed here. Interestingly, borrowers continue to take advantage of existing credit lines as balances across most credit products… Read More
Read more in: General News, Fintech | Tagged credit union, heloc, mortgages, transunion
Figure Technologies Inc., a firm focused on transforming financial services through the power of blockchain technology, announced “the close of a HELOC (home equity line of credit) securitization underwritten by Jefferies, Goldman Sachs, and J.P. Morgan.” The FIGRE 2023-HE1 asset-backed securities (ABS) offering “was comprised… Read More
Read more in: Blockchain & Digital Assets | Tagged distributed ledger technology, dlt, figure, figure technologies, financial services, goldman sachs, heloc, jefferies, jpmorgan, securitization
Prosper Marketplace, a leading marketplace lending platform, has launched a Home Equity Line of Credit (HELOC) product in partnership with BBVA. According to a blog post, the HELOC is currently available in Texas, Florida, Arizona and Alabama. Prosper said the two companies are bringing together… Read More
Online lender Prosper will be adding a new digital Home Equity Line of Credit (HELOC) product in 2019, according to a note from the company. The introduction of the HELOC is described as a new milestone for the marketplace lending platform. Prosper is one of… Read More
Read more in: Investment Platforms and Marketplaces | Tagged david kimball, heloc, prosper
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