Mike Cagney![]()
Founder Cabezon
Co-Founder SoFi, Figure, Provenance and Figure Markets
Mike brings decades of experience in the financial industry to Figure. Prior to founding Figure and serving as its first CEO, he was CEO, chairman and co-founder of SoFi, a leading marketplace fintech. He was also co-founder and managing member of Cabezon Investment Group, a global macro hedge fund, in addition to serving as a non-executive chairman of ReFlow. Before Cabezon, Mike founded, was CEO and then vice chairman and chief architect of Finaplex, a leader in wealth management software that was sold to Broadridge (NYSE: BR). Prior to Finaplex, Mike was Senior Vice President and head trader for the proprietary trading and financial products group at Wells Fargo Bank.
This is a great acquisition for @Figure. Key points on the Kiavi deal: - Massive TAM in first lien RTL and DSCR loans - first lien 25x larger than 2nd - Kiavi 2025 numbers: $7B of volume, $250M revenue, $100M EBITDA - $100-$200M of starting volume to Democratized Prime, majority
Mike Cagney
Jun 10
Great explanation of where @Figure actually competes. Not as a lender, but as a blockchain marketplace. https://t.co/7MZgga91Ii
Mike Cagney
May 29
We really need to bring Blocky back for all things @Figure https://t.co/Z3bDABmJ1K
Mike Cagney
May 28
It's 42 minutes, but play it at 1.5X - lots of topics here. Love talking about @Figure! https://t.co/w1fx0E2clM
Mike Cagney
May 28
Had a blas doing this! Thanks for having me @alextapscott ! https://t.co/zHLoPwCR23
Mike Cagney
May 28
As a Las Vegas resident, I sure enjoyed that hockey game. Thought I was going to take the dog for a long walk after the first period. Glad I kept watching.
Mike Cagney
May 25