Figure Revenue Doubles as Onchain Loan Volume Hits $4.3 Billion

Figure Technology Solutions operates a blockchain-native capital marketplace linking loan origination, funding and secondary trading. Its Figure Connect platform, launched in June 2024, allows originators and institutional buyers to transact standardized consumer-credit assets on blockchain rails. The business is an important test of whether tokenized real-world assets can deliver liquidity and operating leverage at institutional scale rather than remain a niche crypto use case.

On Aug. 13, 2026, Figure reported that Consumer Loan Marketplace volume for the quarter ended June 30 reached $4.259 billion, up 132% from a year earlier. Figure Connect generated $2.773 billion, or 65% of total volume, while weekly loan applications surpassed $1 billion in July. Net revenue rose 113% to $225.6 million, and net income climbed 192% to $87.4 million as the blockchain marketplace gained scale.

Figure Technology Solutions is a fintech company using blockchain to reshape capital-markets infrastructure. It launched the private credit marketplace Figure Connect in June 2024, allowing loan originators to connect directly with capital providers. Shifting transactions to the platform reduces the company's reliance on balance-sheet lending, creating a more capital-light model with steadier profits.

Figure said on February 26, 2026, that consumer loan marketplace volume reached $2.7 billion in the fourth quarter of 2025, up 131% year on year. Figure Connect contributed $1.5 billion, accounting for more than half of the total for the first time. The company also partnered with auto-finance fintech Agora Data that day to add third-party auto loans, which are expected to bring tens of millions of dollars in assets to the platform within months.