Goldman Sachs Boosts Estimates After Figure Logs Record-Breaking Loan Origination
Figure Technology Solutions just posted record-breaking loan origination numbers for July 2025, exceeding $850 million. This represents a significant jump of about 42% from June's production levels of around $600 million.
The blockchain-native lending company has now originated over $16 billion in loans through its automated Loan Origination System since inception. Goldman Sachs, which served as joint lead bookrunner for Figure's IPO, responded to the impressive numbers by raising its earnings per share estimates and projecting record quarterly growth.
Figure Connect, launched in June 2024, has become a key player in the company's success. The platform facilitated approximately $1.3 billion in loan trades within its first year of operation, routing over 40% of Figure's loan volume in just six months.