Fig Finance
Technology platform offering highly-customizable & compliant crypto structured investment products to traditional financial institutions and their high-net-worth clients.
| Date | Investors | Amount | Round |
|---|---|---|---|
$1.0m | Seed | ||
| Total Funding | 000k | ||
Related Content
Fig Finance, founded in 2022 and headquartered in New York, operates as a financial software developer focused on providing liquidity infrastructure for emerging markets. The company has positioned itself to address the significant credit gap that affects small and medium-sized enterprises (SMEs) in underserved regions. Its core mission is to connect these businesses with a global network of capital providers, thereby fostering financial independence and growth.
The business operates a worldwide lending platform that facilitates B2B loans at scale, serving a diverse client base that ranges from global banks to alternative local currency lenders. Fig Finance's model centers on aggregating lending opportunities for these capital providers and connecting them with strong B2B businesses. The platform's distribution partners are large B2B technology platforms with access to millions of SME customers who would otherwise struggle to access credit. Revenue generation is implied through the facilitation of these lending activities, creating a marketplace where lenders compete for deals, which ensures scalable credit for borrowers.
The company's primary offering is a technology platform that replaces slow, analogue lending processes with API integrations and data science. This approach drastically reduces deal cycles from months or weeks to under five minutes. A key feature is the platform's real-time data collection API, which provides transparency for credit committees by allowing them to view deal statuses instantly. For borrowers, the benefit lies in fast, scalable access to credit from a large ecosystem of competing global lenders. For lenders, Fig's technology enables them to originate and manage substantial new loan books without needing significant additional resources. This efficiency is a core component of its value proposition, aiming to unlock high-yield opportunities for lenders while making a tangible impact in new markets.
Keywords: B2B lending, emerging markets finance, credit gap, liquidity infrastructure, financial software, global lending platform, SME financing, alternative lenders, API integration, data science lending, FinTech, venture capital-backed, credit access, loan origination, B2B loans, underserved markets, global capital, financial inclusion, deal cycle automation, real-time credit data