Mike Cagney, former CEO of SoFi, founded a new lending startup.
3 reports, 2 independent
Updated May 20
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Mike Cagney, former CEO of SoFi, founded a new lending startup.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Cagney, former SoFi CEO, launches new lending startup.1 source
Cagney founded Figure Technology Solutions, a digital asset firm, amid IPO interest spurred by Trump's pro-crypto agenda.1 source
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The entities involved
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MIke Cagney
American entrepreneur
Nothing else this week.
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SoFi
American financial services company
- SoFi lost a major client, Chime, due to its own charter pursuit, and Fed rate hikes are increasing deposit costs and affecting loan demand.
- Nvidia CEO Jensen Huang spoke at a conference in Seoul. Meanwhile, Anthony Noto bought SoFi stock, Elon Musk purchased Tesla stock, and Jamie Dimon bought shares of JPMorgan Chase.
Related events
Coverage
Newest first; wire copies grouped- housingwireFormer SoFi CEO Mike Cagney founds new lending startup, pivots to blockchain
- CoinDeskMike Cagney's Figure Technologies Seeks Over $4B Valuation in Nasdaq IPO Figure Technologies, the blockchain lender founded by SoFi co-founder Mike Cagney, is aiming for a valuation of up to $4.13 bi
- CoinDeskBlockhain-Based Loans Firm Figure Files Confidential Submission for IPO Figure Technology Solutions said on Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission