Figure Announces Strategic Partnership with Agora Data to Bring AI-Driven Auto Finance to Figure Connect Marketplace
MWN-AI** Summary
Figure Technology Solutions (Nasdaq: FIGR) has recently announced a strategic partnership with Agora Data, a prominent AI-powered auto fintech platform, aiming to integrate auto finance assets into its Figure Connect Marketplace and Democratized Prime decentralized lending marketplace. This collaboration signifies Figure's strategic entry into the auto lending sector, significantly diversifying its blockchain-driven marketplace, which traditionally focused on housing finance.
By utilizing its existing blockchain infrastructure, Figure intends to augment the distribution of auto finance assets without major platform enhancements. CEO Michael Tannenbaum emphasized that merging AI-driven loan origination with blockchain enhances liquidity and accessibility for both asset originators and investors, establishing a more robust capital market ecosystem.
The partnership plans to funnel tens of millions of dollars in auto finance assets to the Democratized Prime and Connect platforms over the coming months. Under this arrangement, Agora will maintain its established auto loan origination and underwriting frameworks, while Figure will implement AI-driven quality control for compliance. The loan data will be tokenized on the Provenance Blockchain, unlocking access to crucial marketplace functionalities including warehouse funding and securitization.
Steve Burke, Agora's CEO, noted the competitive financing benefits of Figure's marketplace, while highlighting that this alliance allows Agora to preserve control over its origination and servicing processes. This synergy is set to bolster Agora's growth trajectory by facilitating capital availability for car dealerships through efficient capital market execution.
Figure is recognized as a leader in real-world asset tokenization, having gained significant traction with $22 billion in home equity originations, with its Connect marketplace and Democratized Prime emerging as crucial elements of its growth strategy. This partnership is a pivotal step towards a future of integrated auto finance leveraged by AI and blockchain technology.
MWN-AI** Analysis
Figure Technology Solutions' recent strategic partnership with Agora Data marks a significant expansion into the auto finance sector, paving the way for innovative market opportunities. This partnership enhances Figure's blockchain-native Connect Marketplace, facilitating the integration of auto finance assets while maintaining a capital-efficient model. From a market perspective, this partnership presents several key advantages.
Firstly, the influx of auto finance assets into the Democratized Prime marketplace elevates liquidity and accessibility for investors. By leveraging Agora’s established origination process combined with Figure’s blockchain infrastructure, the partnership enables efficient asset tokenization and utilization, streamlining the capital allocation process. This dual approach—combining AI-driven analytics with decentralized finance—will likely lead to stronger performance for invested portfolios.
Moreover, Figure's ability to maintain control over asset origination without significant resource investment minimizes operational risks. This can enhance overall market stability, particularly in a sector as dynamic as auto finance. By avoiding the burdensome legacy systems typical of traditional finance, Figure can deliver more competitive financing options that appeal to both individual borrowers and institutional investors.
For investors, this partnership signals robust growth potential driven by auto lending, one of the most substantial consumer credit segments. With Agora's innovative underwriting methods and Figure’s transparent capital markets infrastructure, the partnership is positioned to attract a diverse array of participants, including those from the DeFi space.
However, potential investors should remain cautious. While this partnership broadens Figure's asset base, it also introduces complexities linked to compliance and the multi-faceted nature of blockchain technologies. Scrutinizing performance metrics post-implementation will be critical in determining the long-term viability of this market move.
In summary, Figure's strategic alliance with Agora is a bullish indicator for its market trajectory in auto lending, with potential high rewards for early adopters in this evolving space.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
NEW YORK, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Figure Technology Solutions (“Figure”) (Nasdaq: FIGR) today announced a strategic partnership with Agora Data, a leading AI-powered auto fintech platform, to bring auto finance assets onto the Figure Connect Marketplace and into Democratized Prime, Figure’s decentralized lending marketplace. This partnership marks Figure’s entry into auto lending, expanding our blockchain-native marketplace into one of the largest consumer credit asset classes beyond housing finance, while leveraging our existing infrastructure without the need for meaningful incremental platform build.
The partnership represents one of the most powerful evolutions of Figure’s model: the ability to bring externally originated assets onto its blockchain-powered capital markets rails.
“By pairing AI-driven origination with blockchain-native capital markets infrastructure, this partnership represents the future of auto finance, one that’s paved on-chain,” said Michael Tannenbaum, Figure CEO. “Our marketplace is becoming a true capital markets highway — capable of accepting assets from multiple on-ramps and delivering standardized, transparent liquidity at scale. As more assets flow on-chain, the marketplace becomes more powerful for originators and investors alike.”
Through the partnership, Figure expects to bring tens of millions of dollars in auto finance assets to Democratized Prime and Connect in the coming months, expanding distribution in a capital-light, scalable manner that leverages Figure’s blockchain-based capital market without building a new loan origination system.
How it works
Agora will access Democratized Prime’s DeFi-native warehouse liquidity through the Figure Connect Marketplace, alongside efficient capital markets execution through whole loan sales and Figure’s market leading securitization program.
Under the partnership:
- Agora continues originating auto loans through its existing systems and underwriting framework.
- Figure performs AI-enabled quality control to ensure compliance with underwriting guidelines.
- Loan data is ingested into Figure’s system and tokenized on the Provenance Blockchain.
- Once on-chain, the loans gain access to the full capabilities of the Figure Connect Marketplace, including Democratized Prime warehouse funding, DART, whole loan sales, and securitization.
By integrating with third-party originators like Agora, Figure expands asset supply without owning the front-end customer experience or powering the loan origination system. What matters is that the loan ultimately flows into a standardized marketplace with transparent underwriting, a blockchain registry preventing double pledging, and access to both institutional and DeFi-native liquidity.
“We’re impressed with the Figure marketplace’s ability to provide competitive financing — but in a blockchain-native, standardized, and capital-efficient structure,” said Steve Burke, Agora CEO. “With this partnership, we’ll maintain control of origination, servicing, and underwriting, while Figure delivers scalable warehouse financing and accelerated velocity through capital markets execution enabling Agora to accelerate growth and provide more capital to car dealerships.”
About Figure Technology Solutions
Figure Technology Solutions, Inc. (Nasdaq: FIGR) is a blockchain-native capital marketplace that seamlessly connects origination, funding, and secondary market activity. More than 250 partners use its loan origination system and capital marketplace. Collectively, Figure and its partners have originated over $22 billion of home equity to date, among other products, making Figure’s ecosystem the largest non-bank provider of home equity financing. The fastest growing components are Figure Connect, its consumer credit marketplace, and Democratized Prime, Figure’s on-chain lend-borrow marketplace. Figure's ecosystem also includes DART (Digital Asset Registry Technology) for asset custody and lien perfection, and , an SEC-registered yield-bearing stablecoin that is issued by a tokenized face-amount certificate company, which is a type of registered investment company.
Figure is the market leader in real world asset (RWA) tokenization and its most recent securitization received a AAA rating from S&P and Moody’s, the first of its kind for blockchain finance. For more information, visit https://figure.com or follow Figure on LinkedIn.
About Agora Data, Inc.
Agora Data, Inc. is a leading non-prime auto fintech innovator transforming access to capital across the automotive finance ecosystem. Through advanced AI-driven analytics, credit modeling, and capital markets expertise, Agora empowers loan originators to improve portfolio performance, unlock capital, and scale responsibly. Backed by deep automotive roots, Agora has delivered multiple industry firsts, including the industry’s first asset-pooled non-prime auto securitization in 2020, and continues to pioneer innovative structured finance and funding solutions for auto dealers, financial institutions, and investors through embedded finance products. Agora drives greater efficiency, transparency, and long-term performance in non-prime auto finance. For more information, visit www.agoradata.com or call 1-877-592-4672.
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FAQ**
How does the strategic partnership between Figure and Agora Data, indicated as "First Nb Groton Ny FIGR," enhance the scalability of auto financing compared to traditional methods?
In what ways does the integration of AI-driven origination by Agora with Figure’s blockchain technology, referenced as "First Nb Groton Ny FIGR," improve the efficiency of auto loan underwriting?
How does Figure's ecosystem, including the Democratized Prime marketplace, utilize the partnerships like "First Nb Groton Ny FIGR" to increase liquidity for investors in the auto finance sector?
Can you explain how Agora's capabilities combined with Figure's capital market structure, highlighted by "First Nb Groton Ny FIGR," create a competitive advantage in non-prime auto finance?
**MWN-AI FAQ is based on asking OpenAI questions about First Nb Groton Ny (OTC: FIGR).
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