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Blockchain lending company Figure's Q2 revenue doubled to $226 million, with blockchain loan market transaction volume surging to $4.3 billion.
Figure Technology Solutions (FIGR) announced Q2 net revenue of $226 million, a 113% year-over-year increase, and net profit surged 192% to $87 million. Its consumer loan marketplace transaction volume soared 132% to $4.3 billion, with Figure Connect contributing $2.8 billion. The company's stock rose approximately 5% in pre-market trading on Thursday, extending Wednesday's 10% gain. Figure anticipates Q3 consumer loan marketplace transaction volume to reach between $4.8 billion and $5.2 billion.
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