Figure acquires Kiavi platform as $717 million real estate lending deal closes

Figure Technology Solutions has completed its acquisition of real estate lender Kiavi, bringing its lending technology and residential investor loan products into Figure’s blockchain-based capital marketplace. Summary Figure has completed its acquisition of Kiavi’s technology, operating platform and certain other assets under a deal announced in June. Kiavi’s residential transition and DSCR lending technology will be integrated into Figure Connect and offered across more than 480 ecosystem partners. Kiavi CEO Arvind Mohan will join Figure as chief business officer and oversee the platform’s rollout across the company’s network. Figure plans to update its third quarter guidance to include Kiavi’s contribution when it reports its Q3 2026 results. According to Figure’s Sept. 1 announcement, the Nasdaq-listed company acquired Kiavi’s technology and operating platform along with certain other assets under the merger agreement signed in June. A joint venture between Figure and investment firm Sixth Street purchased loans from Kiavi’s balance sheet as part of the transaction. Figure completes Kiavi acquisition after $717 million agreement The closing comes nearly three months after Figure...