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Figure: Home Equity on the Blockchain

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Mike Cagney, co-founder and CEO of Figure, is applying blockchain technology to traditional financial services in compelling new ways. Listen to learn how Figure and its new native blockchain Provenance are changing the way consumers access home equity products, and what exciting things are in store for the future of the financial services industry. ##Faster and Cheaper Home Equity Products with Figure Figure is an equity release business, offering an alternative to a traditional HELOC (home equity line of credit). With Figure, you can have a home equity line of credit in less than five minutes and be funded in less than five days, which is much faster than the four months it takes that process in the traditional market today. Figure is launching two products, one being a home equity line of credit and the other an alternative to a reverse mortgage called a buy-rent-back, and both products are being originated native on blockchain. ##Provenance, a New Native Blockchain What’s unique about Figure is that it op