Company Overview - Figure Technology Solutions, Inc. operates within the financial services industry, utilizing blockchain technology to enhance consumer lending and marketplace transactions [6] - The company offers a blockchain-based consumer lending platform and related financial marketplace solutions, serving both individual consumers and institutional clients [8] - Founded in 2018 and headquartered in Reno, Nevada, the company changed its name to Figure Technology Solutions, Inc. in August 2025 [8] Financial Metrics - As of November 12, 2025, the company's stock price was $36.17 [4] - The market capitalization of Figure Technology Solutions is approximately $7.59 billion [4] - The trailing twelve months (TTM) revenue is reported at $377.51 million, with a net income of $162.30 million [4] Investment Activity - WIM Investment Management Ltd acquired 485,286 shares of Figure Technology Solutions, valued at approximately $17.65 million during the third quarter [1][2] - This new position represents 4.49% of WIM Investment Management's reportable assets under management as of September 30, 2025 [3] - Figure Technology Solutions is now the 9th-largest holding in WIM Investment Management's portfolio, which totals $393 million [9] Market Performance - Since its public debut in September 2025, Figure Technology Solutions' shares have increased by about 40% year-to-date, with significant gains occurring shortly after the IPO [10] - As of November 11, 2025, shares were priced at $36.17, indicating a positive market reception [3][4]
Big Money Pours Into Recently-Debuted Fintech Stock
The Motley Fool·2025-11-26 22:09