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.

Figure Markets

Figure’s lending business is seasonal. We tend to do less loans in Q4 than Q3, in particular in the December. For example, in 2024 our ecosystem originated about $1.4B in loans in Q3 and $1.2B in Q4. That’s why the numbers in this release matter. In 2025, we did $2.46B in Q3 and

Mike Cagney

Jan 14

Twitter
  Opens a new window.

Very excited to see this use case - great testament to the @vestaequityvpm and a great use case for blockchain and the @provenancefdn. Looking forward to more! https://t.co/e3hycJQlFJ

Mike Cagney

Jan 13

Twitter
  Opens a new window.

Another potentially cool thing about listing DATs on Figure's ATS... Let's assume that the DAT has a probability of trading above, at and below NAV. Further, assume trading premiums (discounts) to NAV are +10%, 0% and -10% and represent 25%, 50% and 25% future likelihood,

Mike Cagney

Jan 08

Twitter
  Opens a new window.

This is a critical vote for $HASH holders on @provenancefdn. Make sure your voice is heard! The @Figure team is excited to lean in here - at the will of the community. https://t.co/TlNatwychU

Mike Cagney

Jan 08

Twitter
  Opens a new window.

Ok - if you are voting to retire Blocky, what is your alternative? Blank slate here...

Mike Cagney

Jan 06

Twitter
  Opens a new window.

Ok - I think we need to bring Blocky back. So I'm running a poll. My marketing people hate Blocky, but I think @Figure needs a face to the name. Thoughts? https://t.co/td6ohvxz80

Mike Cagney

Jan 06

Twitter
  Opens a new window.

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