Figure Technologies, a blockchain-based monetary providers firm based by Mike Cagney, has agreed to amass Homebridge Financial Services, a mortgage-lending specialist, for an undisclosed sum. Determine beforehand raised a complete of $1.55 billion from buyers together with Ribbit Capital, DCM Ventures and DST Global, based on PitchBook knowledge, together with a current Sequence D that valued the corporate at $3.2 billion.
Correction: An earlier model of this information merchandise incorrectly reported Determine was acquired within the mixture of the 2 firms. Determine is buying Homebridge. (Aug. 4, 2021)