Figure Technology Solutions doubled its Consumer Loan Marketplace volume year-over-year in Q4, reaching $2.7 billion with a 131 percent surge. The blockchain-based Figure Connect platform, launched in June 2024, generated $1.5 billion of that total, marking the first quarter where more than half of consumer loan volume transacted through the marketplace. CEO Michael Tannenbaum emphasized this milestone demonstrates structural progress, reducing reliance on balance sheet intermediation and creating a more capital-light model with durable margins. Figure expanded into new product categories including crypto-backed loans, small business lending, and residential transition loans, which collectively delivered $97 million in Q4 volume.
