{"id":73916,"date":"2026-06-12T06:35:33","date_gmt":"2026-06-12T06:35:33","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/figure-buys-kiavi-for-717m-as-it-targets-200-billion-lending-market\/"},"modified":"2026-06-12T06:35:33","modified_gmt":"2026-06-12T06:35:33","slug":"figure-buys-kiavi-for-717m-as-it-targets-200-billion-lending-market","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/figure-buys-kiavi-for-717m-as-it-targets-200-billion-lending-market\/","title":{"rendered":"Figure Buys Kiavi for $717M as It Targets $200 Billion Lending Market"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Figure agreed to buy Kiavi for $717M, adding AI-powered real estate lending technology.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Figure expects $7B+ annual loan volume and targets 40%+ first-lien share by 2027.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Sixth Street backs the deal as Figure expands tokenized lending via Figure Connect.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Figure\u2019s Kiavi Deal to Bring $7 Billion in Loans Onchain<\/h2>\n<p>Figure Technology Solutions has agreed to acquire Kiavi, an AI-powered lending platform for residential real estate investors, in a deal designed to move a major private credit asset class onto <span>blockchain<\/span> rails.<\/p>\n<p>The transaction values the acquisition at $717 million. Under the structure, Figure will acquire Kiavi\u2019s technology and operating platform, while a joint venture between Figure and Sixth Street will purchase Kiavi\u2019s balance sheet assets.<\/p>\n<p>Figure, which trades on Nasdaq under FIGR and on Open under FGRS, operates a blockchain-native capital marketplace for tokenized assets. The company <a href=\"https:\/\/www.globenewswire.com\/news-release\/2026\/06\/10\/3309592\/0\/en\/figure-enters-into-agreement-to-acquire-kiavi-bolstering-blockchain-native-marketplace.html\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a> Kiavi\u2019s loan products will be brought onto Figure Connect and Democratized Prime, its blockchain-based warehouse marketplace.<\/p>\n<p>Kiavi is a major lender in residential transition loans (RTLs), which real estate investors use to buy, renovate, or rent properties. It also offers debt service coverage ratio loans (DSCR), a product already growing within Figure\u2019s portfolio.<\/p>\n<p>Figure said the deal opens access to a $200 billion annual addressable origination market. It expects Kiavi to add more than $7 billion in annual first-lien <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> and more than $100 million in monthly flow to Democratized Prime.<\/p>\n<p>Figure CEO Michael Tannenbaum said the acquisition advances the company\u2019s effort to move capital markets onto <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchain<\/a> rails while expanding its first-lien and AI capabilities. He said:<\/p>\n<blockquote>\n<p style=\"text-align:left\">Adding Kiavi\u2019s RTL and DSCR capabilities into our partner network will symbiotically supercharge their growth and the growth of our consumer loan marketplace.<\/p>\n<\/blockquote>\n<h2>Kiavi Adds Scale to Figure\u2019s First-Lien Strategy<\/h2>\n<p>The acquisition strengthens Figure\u2019s push into first-lien lending, a market the company says is 25 times larger than second-lien loans. Figure\u2019s first-lien segment grew about 2.5 times year over year in 2025, and the company expects first-lien products to represent more than 40% of consumer loan marketplace <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> for full-year 2027.<\/p>\n<p>The deal will also serve as the first use case for Adaptor, Figure\u2019s new AI product for agent-to-agent onboarding. Adaptor is designed to standardize different originator data formats across Figure Connect and Democratized Prime, reducing onboarding time for partners.<\/p>\n<p>Kiavi CEO Arvind Mohan said the transaction represents a major step for the asset class. After the deal closes, Mohan will join Figure\u2019s executive team as chief business officer. He remarked:<\/p>\n<blockquote>\n<p style=\"text-align:left\">With Kiavi\u2019s industry-leading platform powered by Figure\u2019s innovative <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchain<\/a> marketplace, we have the opportunity to deliver an entirely new and unmatched standard of reach, reliability, and execution.<\/p>\n<\/blockquote>\n<p>Kiavi reported more than $250 million in revenue and over $100 million in EBITDA last year. The company uses AI for real estate lending decisions, including post-renovation home value estimates and document review.<\/p>\n<p>Sixth Street, a longtime Figure partner, will support the transaction through the joint venture buying Kiavi\u2019s loans.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/figure-buys-kiavi-for-717m-as-it-targets-200-billion-lending-market\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Figure agreed to buy Kiavi for $717M, adding AI-powered real estate lending technology. Figure expects $7B+ annual loan volume and targets 40%+ first-lien share by 2027. Sixth Street backs the deal as Figure expands tokenized lending via Figure Connect. Figure\u2019s Kiavi Deal to Bring $7 Billion [&hellip;]<\/p>\n","protected":false},"author":3947362377,"featured_media":73917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73916"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362377"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73916"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73917"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}