Ex-SoFi CEO Mike Cagney, who resigned after harassment allegations, raises $50M for Figure, which plans to use blockchain to quickly approve home-equity loans (Selina Wang/Bloomberg)


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Selina Wang / Bloomberg:
Ex-SoFi CEO Mike Cagney, who resigned after harassment allegations, raises $50M for Figure, which plans to use blockchain to quickly approve home-equity loans  —  Cagney has raised $50 million and lined up two global banks  —  The blockchain will help expedite loan approvals in minutes


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