Fig Loans Investor
Fig originally started in 2015 as a collaboration with the United Way, operating as a direct lender providing credit building alternatives to payday loans. Today, we still have traditional loans, but the focus is on our turnkey lending-as-a-service platform that addresses the pain points of operating a loan program by providing Fig’s software, compliance, underwriting, customer service and credit reporting free of charge for small community organizations. Partners setup their own robust loan programs, clients borrow at lower rates, and Fig builds even better future products using the pooled data. Techstars Seattle 2016 Village Capital US Fintech Winner 2016 Ashoka Financial Wellbeing Unlocking ₵hange Champion 2018 MIT Inclusive Innovation Challenge North America Financial Inclusion Champion 2018 B Corp, Best in the World for Consumers 2017-Present US Treasury certified Community Development Financial Institution (CDFI)