Executive Intelligence

Mike Cagney

Founder

Mike Cagney is listed as a founder of Figure based in United States on Brel Digital’s verified company intelligence record.

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In this profile

Quick Facts

  • Role Founder
  • Company Figure
  • Country United States
  • Industry AI in Finance
  • Founded 2018
  • Known For Figure combines two distinct technology bets — blockchain infrastructure for recording and trading loans, and automated,…
  • Last Reviewed Jul 2026

Executive Summary

Mike Cagney appears in Brel Digital’s verified company_founders attribution for Figure based in United States in the Finance sector. This profile records that founder relationship using sources already on file for the company. Personal biography details that are not evidenced in those sources are omitted. Company context (from the verified Figure profile): Blockchain-based home equity lender that automates loan origination and securitization Why the company matters (verified company field): Figure combines two distinct technology bets — blockchain infrastructure for recording and trading loans, and automated, technology-driven underwriting — making it a relevant reference point for readers tracking how AI-adjacent automation and distributed-ledger tooling are being combined in consumer lending rather than treated as separate trends. Official company website on file: https://www.figure.com. Readers should consult that site and the Sources section for primary evidence. Brel Digital does not invent prior roles, education, funding history, or awards for founder profiles. Where additional verified public leadership pages become available, this profile should be deepened in a subsequent editorial review.

Career Timeline

Verified company milestones linked to this executive’s organization.

  1. 2018 Company founded

    Figure was founded in 2018 per the company profile source on file.

    Source
  2. 2018 Leadership

    2018: Figure Technology Solutions is founded by Mike Cagney, previously co-founder and CEO of SoFi, and June Ou.

    Source
  3. 2018 Development

    2018: Figure introduces home equity lines of credit issued and recorded on its Provenance Blockchain, and says it becomes the first company to place consumer loans on a blockchain.

    Source
  4. 2020 Development

    2020: Figure completes a sizable securitization backed by home equity lines of credit, one of the biggest of its kind in more than a decade, per the company.

    Source
  5. 2021 Development

    August 2021: Figure Technology Solutions agrees to merge with mortgage lender Homebridge Financial Services; the deal is later cancelled in June 2022.

    Source
  6. 2024 Development

    March 2024: Figure spins off its lending division into a new parent entity, Figure Technology Solutions (FTS).

    Source
  7. 2024 Leadership

    2024: Mike Cagney splits the business into two companies u2014 Figure, focused on lending, and Figure Markets, focused on trading and digital assets u2014 becoming Executive Chairman of Figure and CEO of Figure Markets.

    Source
  8. 2025 Development

    August 2025: Figure and Figure Markets recombine into a single company ahead of a planned public listing.

    Source
  9. 2025 Development

    September 2025: Figure completes its initial public offering on the Nasdaq under ticker FIGR.

    Source

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Mike Cagney appears in Brel Digital’s verified company_founders attribution for Figure based in United States in the Finance sector. This profile records that founder relationship using sources already on file for the company. Personal biography details that are not evidenced in those sources are omitted.

Company context (from the verified Figure profile): Blockchain-based home equity lender that automates loan origination and securitization

Why the company matters (verified company field): Figure combines two distinct technology bets — blockchain infrastructure for recording and trading loans, and automated, technology-driven underwriting — making it a relevant reference point for readers tracking how AI-adjacent automation and distributed-ledger tooling are being combined in consumer lending rather than treated as separate trends.

Official company website on file: https://www.figure.com. Readers should consult that site and the Sources section for primary evidence.

Brel Digital does not invent prior roles, education, funding history, or awards for founder profiles. Where additional verified public leadership pages become available, this profile should be deepened in a subsequent editorial review.

Sources and references

This article draws on publicly available company information, official websites, filings, interviews, announcements, and other cited sources. Information may change over time.

Request a correction if you represent this company or believe information is inaccurate.

June Ou

Founder

Figure

  • Country United States
  • Industry AI in Finance

June Ou is listed as a founder of Figure based in United States on Brel Digital’s verified company…

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