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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

National 215
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The top-performing community banks of 2021

Independent Banker

Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. Bank of Montana. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. Tom Swenson, CEO and chairman of the board, Bank of Montana.

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What’s in it for Me? Real Estate Investment Technology

Fintech Labs Insights

Earlier this year, we examined the breakdown of proptech and where its four separate divisions fit into fintech. The company sells debt securities called Limited Resource Obligations (LROs) to investors with a minimum investment of $10. Returns and distributions are specific to each listing, as is the term of each investment.