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Ex-SoFi CEO Mike Cagney’s new startup, Figure, is out of stealth

SoFi cofounder Mike Cagney, who resigned as CEO last year, has been quietly working on a new project involving home improvement financing and home equity lines of credit (HELOCs) for the last several months. Now, that project is out of stealth, with a live website: Figure.com. According to Cagney’s LinkedIn profile, the startup plans to … Continue reading “Ex-SoFi CEO Mike Cagney’s new startup, Figure, is out of stealth”

Ex-SoFi CEO Mike Cagney’s new startup, Figure, is out of stealth
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Square’s Jack Dorsey: We’re moving as fast as we can with bank application

Online lending startup SoFi, a fintech success story worth billions, withdrew its application for a bank license last month after a sexual harassment scandal prompted the departure of cofounder Mike Cagney, then CEO. But payments company Square, which hopes to secure the same type of bank license, is moving full speed ahead with its application, CEO … Continue reading “Square’s Jack Dorsey: We’re moving as fast as we can with bank application”

Square’s Jack Dorsey: We’re moving as fast as we can with bank application
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