Figure Technologies Launches Ready Life Partnership to Increase Access to Mortgages

Innovative Banking on Figure’s Box Platform Powered by Provenance Blockchain

San Francisco, November 10, 2022 /PRNewswire/ — Figure Technologies, Inc., a leader in transforming financial services through the power of blockchain technology, announces the launch of a partnership with Ready Life, an emerging fintech disrupting the mortgage industry. did. Ready Pay customers can apply for a mortgage through his mobile app without a credit score, providing a level playing field to the many consumers who want to own a home.

The Ready Pay platform allows customers who pay their rent on time using their Ready Pay Visa® debit card or Ready Pay digital account to qualify for a mortgage without a credit score check. Brought to you by Figure Payments Corporation, the app will be released first to the customer waitlist.

“For too long, people who consistently pay their rent on time have been barred from owning their own homes,” he said. Ashley D. Bell, CEO of Ready Life. “By ensuring universal access and equitable access to banking and financial services, we will open up homeownership to more people, provide a chance to realize the American Dream, and help people to afford their mortgages. We aim to fundamentally change the way we look at things.”

Figure announced in September the launch of a new banking and payments business. Figure Payments Corporation, known as Figure Pay, offers Banking as a Service (BaaS) offerings through a highly scalable, rapidly deployable, API-driven platform. figure pay offers a choice of two platforms for fintechs, non-banks, retailers and banks. For fintechs, non-bank lenders, and retailers, Figure Pay offers comprehensive solutions. This includes a BaaS core system, Visa issuer processing, regulatory support, and a complete back office including staff as required.

“The launch of Ready Pay allows Figure to highlight how our technology works as a banking and payment solution for consumers who have struggled to obtain a traditional mortgage.” says. Tony Morosini, general manager of Figure Pay. “Our capabilities have proven successful and we continue to find new ways to provide the services our consumers need.”

About Figure Pay

Figure Pay is a one-stop-shop banking and payment solution for material savings and efficiency. Figure Pay’s BaaS offering, Banking in a Box, provides customers with a comprehensive foundation for building enterprise banking and payments solutions, all via seamless API integration. The platform provides leading solutions for retailers, fintechs and banks.

About the figure

Figure transforms financial services through blockchain and continues to unveil a series of fintech firsts across the capital markets, investment management, banking and payments sectors. Figure leverages his Provenance Blockchain for loan origination, servicing, financing and now private fund services. The company was founded in 2018 by a series of tech entrepreneurs. Mike CagneyHe also founded SoFi and built the company into a multi-billion dollar business under his leadership as CEO. For more information on Figure Pay, visit www.figurepay.com and its parent company diagram https://www.figure.com/.

About provenance

Provenance Blockchain is built specifically for the financial services ecosystem. Leading financial institutions and fintechs leverage Provenance Blockchain to enable the entire lifecycle of digital assets to deliver significant business and customer value. Provenance Blockchain has successfully transformed lending, securitization, payments and exchanges, $10 billion in a transaction. Native Utilities for Provenance Blockchain tokenthe hash will be used to pay transaction fees and enable governance and will be used for OkCoin and dlob.io. For more information, see: Provenance.ioTwitter @provenancefdn, LinkedIn.

contact:
Provenance Foundation contact: Dan Garzier, [email protected]
Figure Technologies Contact: Adriana Hassan, [email protected]

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