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SoFi Founder Starts New Blockchain Loan Startup

May 01, 2018
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SoFi Founder Starts New Blockchain Loan Startup

May 01, 2018
SoFi Founder and former CEO Mike Cagney is getting ready to launch a startup offering home equity loans. According to Bloomberg, Cagney has raised $50 million for San Francisco-based Figure, which will use blockchain to expedite loan approvals in minutes rather than days. Sources say that two global banks have agreed to finance the loans, […]