Fig Finance
Curated by SignalLending-as-a-service platform bridging credit gaps for underserved SMEs.
Overview
Fig Finance operates as a lending-as-a-service platform that aims to address the credit gap for small and medium-sized enterprises (SMEs) in new and underserved markets. The company connects global and local lenders with B2B businesses, facilitating lending opportunities through its platform and API integrations. Fig Finance utilizes data science to support rapid credit decisions, which reportedly reduces deal cycles to under five minutes. The platform targets lenders of various sizes and provides real-time deal data for credit committees. Additionally, Fig Finance collaborates with large B2B technology platforms to automate lending programs, enabling businesses to originate and manage loan portfolios.
Key facts
- Founded
- 2022
- Headquarters
- New York City, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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