Figure to merge with Homebridge Financial Services.

Figure, a financial technology company, agreed to merge with Homebridge Financial Services, a privately held, non-bank loan company based in the United States. Financial terms were not disclosed. "We are bringing together the most robust, powerful and efficient technology ever seen in lending and pairing that with a $25bn a year loan originator with 150k customers who we can introduce to new payment and lending products. We’re going to deliver to this all-star loan origination team at Homebridge a tech platform on Provenance Blockchain that is going to double their capacity for fulfilling loans," Mike Cagney, Figure CEO.