Figure Pay is a consumer-facing financial product offered by Figure Technologies, Inc., a fintech company co-founded by SoFi founder Mike Cagney. Figure's broader mission is to transform the financial services industry, including lending, capital markets, and payments, by leveraging its proprietary Provenance Blockchain technology. Figure Pay serves as the company's entry into the neobanking and payments space, offering an easy-to-use mobile application with an FDIC-insured deposit account (provided through a partner bank), fee-free transactions, and direct deposit features, aiming to provide a more efficient and accessible banking experience.

Founded in

United States