Figure agrees to acquire Kiavi in USD 717 million deal

Figure Technology Solutions

Figure Technology Solutions

FIGR

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  • Figure Technology Solutions agreed to acquire Kiavi, an AI-powered lender to residential real estate investors, for a total purchase price of $717 million.
  • A joint venture between Figure and Sixth Street will buy loans off Kiavi’s balance sheet as Figure takes Kiavi’s technology and operating platform.
  • Kiavi is expected to add more than $7 billion of annual first-lien volume to Figure Connect, including over $100 million of monthly flow to Democratized Prime.
  • Kiavi reported more than $250 million of revenue and more than $100 million of EBITDA last year.
  • Kiavi CEO Arvind Mohan is set to join Figure’s executive team as chief business officer following closing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Figure Technology Solutions Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606100730PRIMZONEFULLFEED9734798) on June 10, 2026, and is solely responsible for the information contained therein.

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