Figure Technologies Acquires Kiavi for $717 Million
Financial technology firm Figure Technologies has announced a $717 million acquisition of Kiavi, a data-driven lender specializing in residential real estate. The deal underscores Figure’s strategic commitment to integrating blockchain infrastructure into the mortgage and home-lending sector. By merging Kiavi’s automated lending platform with Figure’s distributed ledger technology, the firm aims to enhance efficiency and liquidity in the property finance market.