Figure Reports 192% Profit Surge as Lending Activity Accelerates

Figure Technology Solutions nearly tripled quarterly profit as demand across its lending marketplace accelerated sharply. The blockchain-focused lender reported $87 million in second-quarter net income, up 192% from $30 million a year earlier. Marketplace Activity Accelerates Consumer Loan Marketplace volume reached $4.3 billion, marking 132% annual growth. Significantly, Figure Connect generated $2.8 billion as institutional […] Read The Full…