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Figure Technology Solutions Appoints Macrina Kgil as Chief Financial Officer

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Figure Technology Solutions has appointed Macrina Kgil as Chief Financial Officer. The company recently achieved $1.5 billion in quarterly originations, record revenue, 80% year-over-year growth, and 150% EBITDA growth. The growth is attributed to their liquid lending marketplace, Figure Connect, diversified product suite, and growing network of embedded lending partners.

Kgil brings extensive experience from previous roles at Flow, OneMain Holdings (NYSE: OMF), and Blockchain.com. At OneMain, she managed the company's acquisition from Citigroup and led its IPO. She holds an engineering degree from Seoul National University and is a founding member of the F Suite. This appointment follows Figure's spin-off as a stand-alone company and the recent appointment of Ron Chillemi as Chief Legal Officer.

Figure Technology Solutions ha nominato Macrina Kgil come Chief Financial Officer. L'azienda ha recentemente raggiunto 1,5 miliardi di dollari in cessioni trimestrali, un fatturato record, 80% di crescita anno su anno e 150% di crescita dell'EBITDA. La crescita è attribuita al loro marketplace di prestiti liquidi, Figure Connect, a una gamma diversificata di prodotti e a una rete in espansione di partner di prestito integrato.

Kgil porta con sé una vasta esperienza da ruoli precedenti in Flow, OneMain Holdings (NYSE: OMF) e Blockchain.com. Presso OneMain, ha gestito l'acquisizione dell'azienda da parte di Citigroup e ha guidato la sua IPO. Ha conseguito una laurea in ingegneria presso la Seoul National University ed è membro fondatore del F Suite. Questa nomina segue lo spin-off di Figure come azienda indipendente e la recente nomina di Ron Chillemi come Chief Legal Officer.

Figure Technology Solutions ha nombrado a Macrina Kgil como Directora Financiera. La compañía ha logrado recientemente 1,5 mil millones de dólares en originaciones trimestrales, ingresos récord, 80% de crecimiento interanual y 150% de crecimiento en EBITDA. Este crecimiento se atribuye a su mercado de préstamos líquidos, Figure Connect, a una amplia gama de productos y a una creciente red de socios de préstamos integrados.

Kgil aporta una amplia experiencia de roles anteriores en Flow, OneMain Holdings (NYSE: OMF) y Blockchain.com. En OneMain, gestionó la adquisición de la compañía por Citigroup y lideró su OPI. Tiene un título en ingeniería de la Universidad Nacional de Seúl y es miembro fundador del F Suite. Este nombramiento sigue al escindido de Figure como empresa independiente y al reciente nombramiento de Ron Chillemi como Director Legal.

Figure Technology SolutionsMacrina Kgil을 최고 재무 책임자로 임명했습니다. 회사는 최근 15억 달러의 분기 대출, 기록적인 수익, 전년 대비 80% 성장, 150% EBITDA 성장을 달성했습니다. 이러한 성장은 유동 대출 마켓플레이스인 Figure Connect, 다양한 상품군, 증가하는 통합 대출 파트너 네트워크에 기인합니다.

Kgil은 Flow, OneMain Holdings (NYSE: OMF), Blockchain.com 등에서의 이전 경력으로부터 폭넓은 경험을 가지고 있습니다. OneMain에서 그녀는 Citigroup에 의한 회사 인수를 관리하고, 상장 준비를 이끌었습니다. 그녀는 서울대학교에서 공학 학위를 받았으며, F Suite의 창립 멤버입니다. 이 임명은 Figure가 독립 회사로 분사한 후와 Ron Chillemi가 법률 책임자로 최근 임명된 것에 따른 것입니다.

Figure Technology Solutions a nommé Macrina Kgil au poste de Directrice Financière. L'entreprise a récemment atteint 1,5 milliard de dollars en origines trimestrielles, un chiffre d'affaires record, 80% de croissance d'une année sur l'autre et 150% de croissance de l'EBITDA. Cette croissance est attribuée à leur marché de prêts liquides, Figure Connect, à une gamme diversifiée de produits et à un réseau croissant de partenaires de prêt intégrés.

Kgil apporte une vaste expérience de ses rôles précédents chez Flow, OneMain Holdings (NYSE: OMF) et Blockchain.com. Chez OneMain, elle a géré l'acquisition de l'entreprise par Citigroup et a dirigé son introduction en bourse. Elle est diplômée en ingénierie de l'Université Nationale de Séoul et est membre fondateur du F Suite. Cette nomination fait suite à la scission de Figure en tant qu'entreprise autonome et à la récente nomination de Ron Chillemi en tant que directeur juridique.

Figure Technology Solutions hat Macrina Kgil zur Chief Financial Officer ernannt. Das Unternehmen hat kürzlich 1,5 Milliarden Dollar an vierteljährlichen Originierungen, Rekordumsatz, 80% Wachstum im Jahresvergleich und 150% EBITDA-Wachstum erreicht. Dieses Wachstum wird dem liquiden Kreditmarktplatz Figure Connect, einer diversifizierten Produktpalette und einem wachsenden Netzwerk von integrierten Kreditpartnern zugeschrieben.

Kgil bringt umfangreiche Erfahrung aus früheren Rollen bei Flow, OneMain Holdings (NYSE: OMF) und Blockchain.com mit. Bei OneMain leitete sie die Akquisition des Unternehmens durch Citigroup und führte den Börsengang. Sie hat einen Ingenieurabschluss von der Seoul National University und ist Gründungsmitglied der F Suite. Diese Ernennung erfolgt nach der Abspaltung von Figure als eigenständiges Unternehmen und der kürzlichen Ernennung von Ron Chillemi zum Chief Legal Officer.

Positive
  • Achieved $1.5 billion in quarterly originations
  • Record revenue with 80% year-over-year growth
  • 150% EBITDA growth
  • Appointed experienced CFO with IPO and blockchain expertise
  • Growing network of lending partners
Negative
  • None.

Long time finance executive brings extensive fintech, blockchain and IPO experience

NEW YORK--(BUSINESS WIRE)-- Figure Technology Solutions (“Figure”), a technology platform powering a more efficient and liquid marketplace for financial products, today announced that Macrina Kgil, a seasoned finance executive, joined as Chief Financial Officer.

(Photo: Business Wire)

(Photo: Business Wire)

“Macrina is the perfect fit for Figure, given her industry expertise and deep background in public markets and public company finance functions,” said Michael Tannenbaum, Chief Executive Officer of Figure.

He continued, “We recently surpassed $1.5 billion in quarterly originations, record revenue, eighty percent year over year growth, and one hundred fifty percent EBITDA growth. Our metrics reflect three primary drivers: the widespread adoption of our increasingly liquid lending marketplace, Figure Connect, coupled with both a diversified product suite and a growing network of embedded lending partners. Our steady growth and ambitious plans called for a CFO of Macrina’s caliber; her financial stewardship will be pivotal to helping Figure achieve our goals.”

“I’m thrilled to join Figure and have the opportunity to work alongside a deep executive bench and lead a talented finance team,” said Kgil. ‘’Particularly given my extensive experience in the fintech and blockchain sectors, I am eager to drive our growth and nurture investor confidence. Figure operates at the forefront of innovation, and I believe that we can unlock significant value for all of our stakeholders as we continue our momentum.”

Kgil joins Figure from Flow, a residential real estate startup, where she led the finance function globally. Prior to Flow, Kgil was CFO of OneMain Holdings (NYSE: OMF). While there, she helped manage the acquisition of OneMain Holdings from Citigroup, and successfully led the company (as Springleaf Finance) through an IPO, managing the public markets debut as well as subsequently guiding the company as a public filer. Previously, she served as CFO of Blockchain.com and its affiliate Blockchain Ventures Fund I, where she built a robust finance infrastructure across numerous global entities with a strong regulatory and compliance focus. Earlier, she served as VP in the private equity group at Fortress Investment Group and started her career at PwC in the capital market advisory and audit teams.

Kgil holds an engineering degree from Seoul National University. She’s a founding member of the F Suite, an executive community of leading CFOs.

Kgil reports to Tannenbaum in this newly created role for Figure, following its spin-off earlier this year as a stand-alone company independent of Figure Markets Holdings. Her hiring follows September’s appointment of Ron Chillemi as Figure’s first Chief Legal Officer.

About Figure Technology Solutions

Founded in 2018, Figure Technology Solutions (“Figure”) is a disruptive and scaled technology platform built to enhance efficiency and transparency in financial services. Its subsidiary, Figure Lending LLC, is the largest non-bank provider of home equity lines of credit; its software has been used to originate more than $12B of home equity lines of credit. Figure’s technology is embedded across a broad network of loan originators and capital markets buyers, and is used directly as well by homeowners in 49 states and Washington, DC. With Figure, homeowners can receive approval for a HELOC in as fast as five minutes and receive funding in as few as five days.

To date, Figure has embedded its HELOC in more than 135 partners, including Rate (formerly Guaranteed Rate), CrossCountry Mortgage, Movement Mortgage, Goodleap and many other fintechs, depositories and independent mortgage banks.

press@figure.com

Source: Figure Technology Solutions

FAQ

What are Figure Technology Solutions' latest financial metrics in 2024?

Figure reported $1.5 billion in quarterly originations, record revenue, 80% year-over-year growth, and 150% EBITDA growth.

What is Macrina Kgil's experience before joining Figure Technology Solutions?

Kgil previously served as CFO at Flow, OneMain Holdings (NYSE: OMF), and Blockchain.com. She managed OneMain's acquisition from Citigroup and led its IPO.

What are the main drivers of Figure's growth in 2024?

Figure's growth is driven by three factors: widespread adoption of their liquid lending marketplace (Figure Connect), diversified product suite, and growing network of embedded lending partners.

When did Figure Technology Solutions become an independent company?

Figure Technology Solutions became a stand-alone company after spinning off from Figure Markets Holdings earlier in 2024.

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