Earlier today, we published an article about Mike Cagney, the cofounder of Sofi. He also runs the Provenance blockchain, and there’s big news surrounding the network in that it’s launching a new $50 million HASH development grant to establish core services and experiences on the blockchain. Provenance Blockchain Has Big Plans for the Future The grant comes by way of a new partnership formed between Provenance and Apollo, an asset management firm that controls more than...
Read More »Mike Cagney on What Makes Blockchain Special
Mike Cagney has made a real name for himself in the blockchains pace. He is the co-founder of Sofi and the current CEO of Figure. He’s also made public the Provenance blockchain, which has supported about $12 million in transactions at the time of writing. Mike Cagney on Blockchain In a recent interview, he talked about just how prominent blockchain is. He also delved a bit into what his company does, saying: One of the most important roles that I play with Figure and...
Read More »Anthony Pompliano Joines Board of Figure Technologies as Firm Closes $103M Series C Round
A blockchain-powered financial services startup Figure Technologies founded by former SoFi CEO Mike Cagney, announced it has closed a $103 million Series C round. But, that is not all folks. It has also added Morgan Creek Digital’s Anthony “Pomp” Pompliano, one of the sector’s most vigorous supporters, to its board. That’s not a consequence because, according to the company’s announcement, the round was also led by Morgan Creek Digital, with participation from MUFG Innovation Partners and...
Read More »Former SoFi CEO Mike Cagney’s Figure Technologies Raising Additional $100 Million
Mike Cagney, famous for being the founder and CEO (since 2017 ex-CEO) of SoFi fintech company, is reportedly aiming to raise funds money via another firm. Cagney co-founded a two-year-old San Francisco-based fintech firm known as Figure Technologies.By February 2019, Figure had already managed to raise $120 million in equity funding. The amount was brought to the project by a group of prominent investors including partners at DST Global, RPM Ventures, Morgan Creek, Ribbit Capital, Nimble...
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