Figure Hires Former Coinbase Exec as New President

Figure, the blockchain-based fintech lending startup founded by Mike Cagney, has a new president; Asiff Hirji was the former president and COO of Coinbase until his departure last year and he will now be CEO Mike Cagney’s right hand man; Figure recently closed a $103 million Series C that valued the company at more than a billion dollars; the company started in HELOCs and they now claim to be the fourth largest originator of HELOC loans in the country; Cagney said, “Asiff has already been a critical advisor to me on how we manage the growth of Figure in order to drive the transformation of financial services across categories and around the world. His deep experience in the financial services industry and his long history of helping companies drive and manage growth are both going to be important to the growth of Figure and the creation of our new merchant bank.” Housing Wire

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