Figure Technology Solutions Aims for $4 Billion Valuation with Upcoming Nasdaq IPO

September 8, 2025 - 07:40

Figure Technology Solutions, a fintech company leveraging blockchain technology for mortgage and lending services, is preparing for a significant initial public offering (IPO) on the Nasdaq. Co-founded by industry expert Mike Cagney, the San Francisco-based firm is targeting a valuation in the range of $4.1 to $4.3 billion. To achieve this, Figure plans to raise approximately $526 million by offering 26.3 million shares, with an anticipated price set between $18 and $20 each.

The IPO is scheduled to price on September 10, 2025, and represents a pivotal moment for the company as it seeks to expand its market presence and enhance its product offerings. The move to go public underscores the growing interest in blockchain applications within the financial sector, particularly in areas such as real estate lending. Investors and analysts alike will be closely monitoring this IPO, as it could signify a broader trend of fintech companies embracing public markets to fuel their growth strategies.