Figure to partner with Agora Data on AI auto fintech platform

Figure to partner with Agora Data on AI auto fintech platform

Figure Partners with Agora Data to Expand Blockchain-Driven Auto Finance Platform

Figure Technology Solutions (Nasdaq: FIGR) has announced a strategic partnership with Agora Data, an AI-powered auto fintech platform, to integrate auto finance assets into Figure's blockchain-native capital markets ecosystem. This collaboration marks Figure's entry into the auto lending sector, extending its Democratized Prime decentralized lending marketplace into a major consumer credit asset class beyond housing finance.

Under the agreement, Agora Data will originate auto loans using its existing systems, while Figure will perform AI-enabled quality control to ensure compliance with underwriting standards. Loan data will be tokenized on Figure's Provenance Blockchain, granting access to liquidity solutions such as warehouse funding, whole loan sales, and securitization through the Figure Connect Marketplace. The partnership allows Figure to expand asset supply without developing its own loan origination system, leveraging its blockchain infrastructure to provide standardized, transparent, and scalable capital markets execution.

Figure expects to onboard tens of millions of dollars in auto finance assets to its platforms in the coming months, enhancing distribution capabilities while maintaining a capital-efficient model. For Agora, the partnership offers access to DeFi-native liquidity and accelerated capital markets execution, enabling the fintech to scale operations and increase funding for car dealerships.

"By pairing AI-driven origination with blockchain-native capital markets infrastructure, this partnership represents the future of auto finance, one that's paved on-chain," said Figure CEO Michael Tannenbaum. Agora CEO Steve Burke noted that the collaboration preserves Agora's control over origination and underwriting while benefiting from Figure's "competitive, blockchain-native financing structure".

Figure, a leader in real-world asset (RWA) tokenization, has previously secured a AAA rating for its securitization programs from S&P and Moody's. Agora, meanwhile, has pioneered non-prime auto finance innovations, including the industry's first asset-pooled non-prime auto securitization in 2020.

The partnership underscores growing convergence between AI-driven fintech and blockchain-based capital markets, positioning auto finance as a key growth area for decentralized ecosystems.

Source materials provided.