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Mike Cagney
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Mike Cagney

Dec. 4, 2020

Podcast 276: Mike Cagney of Figure

Mike Cagney has built a reputation as one of the smartest people in all of fintech. His capacity to raise...
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Mar. 12, 2020

Figure Completes $150 Million Securitization on the Blockchain

The $150 million securitization of HELOCs is being billed as the first transaction where all aspects were managed on the...
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Apr. 30, 2018

Mike Cagney Leveraging Blockchain for Home Equity Loans with New Venture

Cagney was previously the CEO of SoFi; his new venture focuses on home equity loans using blockchain to make the...
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Jan. 2, 2018

Mike Cagney’s New Startup

According to Recode, Mike Cagney is back with a new startup and is pitching to investors such as Peter Thiel and others who backed SoFi; he is reportedly looking to raise around $25 million for the new company which may focus on HELOCs. Source

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Sep. 14, 2017

SoFi Responds to the New York Times

SoFi has published a blog post in response to a New York Times article about recent news at the company; discusses what SoFi calls vague claims as it relates to their mortgage and personal loans business; provides updates on what the company is doing related to corporate culture and Mike Cagney’s departure. Source

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Mar. 13, 2020

From the LendIt Fintech Vault: Mike Cagney of Figure on Beyond the Hype – How Blockchain Changes Everything

With Figure in the news this week completing their first securitization using blockchain we thought it would be interesting to...
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Jan. 30, 2020

Figure Hires Former Coinbase Exec as New President

Figure, the blockchain-based fintech lending startup founded by Mike Cagney, has a new president; Asiff Hirji was the former president...
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Mar. 21, 2018

Mike Cagney’s New Venture

Mike Cagney was previously a co-founder of SoFi; after resigning last year he began work on a new startup which involves home improvement financing and HELOCs; the company is called Figure and is live at www.figure.com; according to the website, “Figure is a financial technology company with the mission of leveraging blockchain, AI and advanced analytics to unlock new access points for consumer credit products that can transform the financial lives of our customers. We provide home equity release solutions, including home equity lines of credit, home improvement loans and home buy-lease back offerings for retirement.” Source

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Sep. 15, 2017

Mike Cagney is Gone as CEO of SoFi Effective Immediately

The worst week in SoFi‘s history is coming to an end. The company announced today that Mike Cagney has stepped...
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Sep. 13, 2017

Lend Academy Article: SoFi Co-Founder and CEO Mike Cagney to Step Down by Year End

There has been a lot of news coming out about SoFi recently; first came the departures of several senior executives; then news of a sexual harassment lawsuit came in August; now CEO Mike Cagney is stepping down as CEO from the company by the end of the year, having already stepped down as Chairman; in a letter sent to employees Cagney wrote, “The combination of HR-related litigation and negative press have become a distraction from the company’s core mission. I want SoFi to focus on helping members, hiring the best people, and growing our company in a way consistent with our values. That can’t happen as well as it should if people are focused on me, which isn’t fair to our members, investors, or you.” Source

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