Figure to Buy Kiavi for $717 Million to Expand Tokenized Mortgage and Lending Footprint
Figure Technology Solutions Inc. (NASDAQ:FIGR) has signed a definitive agreement to acquire Kiavi, a specialist provider of AI-driven lending products for residential real estate investors, in a $717 million transaction. A joint venture between Figure and global investment firm Sixth Street will purchase Kiavi’s balance sheet assets. Figure project…