Send us a text

Miguel Armaza sits down with fintech legend, Mike Cagney, Founder & CEO of Figure, one of the fastest growing fintech companies in the US, where they are on a mission to transform financial services through blockchain, bringing speed, efficiency and savings to both consumers and institutions.

Founded in 2018, Figure has raised almost $500M in equity from top investors, including DST Global, Ribbit, Fin Capital, RPM Ventures, Thomvest, JP Morgan, Apollo, and many more.

Prior to Figure, Mike also co-founded SoFi and built the company into a multi-billion-dollar business under his leadership as CEO.

In this episode, we discuss:

Reflections from his experience launching and building SoFi, why their original idea failed, and how they quickly iterated and found a winning formula
Importance of company culture and why the founding team at Figure spent a couple of months establishing a genuine culture that could scale before doing anything else
How Figure is already using blockchain technology to disintermediate the financial market to displace trust with truth and go after a $100 billion opportunity
Their strategy to quickly launch an impressive number of products in an empathetic way to the consumer… and a whole lot more!

Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.

Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join 41,000+ readers and listeners around the world!

Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.

Miguel on LinkedIn: https://bit.ly/3nKha4Z

Miguel on Twitter: https://bit.ly/2Jb5oBc

Fintech Leaders Newsletter: bit.ly/3jWIpqp

Mike Cagney, Founder of Figure & SoFi – Building Massive Transformational Companies, Key Founder Lessons, & How Blockchain is Revolutionizing Financial Services

Fintech Leaders