Fintech Leaders Mike Cagney, Founder of Figure & SoFi – Building Massive Transformational Companies, Key Founder Lessons, & How Blockchain is Revolutionizing Financial Services
Miguel Armaza sits down with fintech legend, Mike Cagney, Founder & CEO of Figure, one of the fastest growing fintech companies in the US, where they are on a mission to transform financial services through blockchain, bringing speed, efficiency and savings to both consumers and institutions.
Founded in 2018, Figure has raised almost $500M in equity from top investors, including DST Global, Ribbit, Fin Capital, RPM Ventures, Thomvest, JP Morgan, Apollo, and many more.
Prior to Figure, Mike also co-founded SoFi and built the company into a multi-billion-dollar business under his leadership as CEO.
In this episode, we discuss:
- Reflections from his experience launching and building SoFi, why their original idea failed, and how they quickly iterated and found a winning formula
- Importance of company culture and why the founding team at Figure spent a couple of months establishing a genuine culture that could scale before doing anything else
- How Figure is already using blockchain technology to disintermediate the financial market to displace trust with truth and go after a $100 billion opportunity
- Their strategy to quickly launch an impressive number of products in an empathetic way to the consumer… and a whole lot more!
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Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.
Miguel on LinkedIn: https://bit.ly/3nKha4Z