Figure Technologies Expands Leadership Team Amidst Company Growth

SAN FRANCISCO, Sept. 9, 2019 /PRNewswire/ -- Figure Technologies, Inc. (Figure™), an innovative consumer finance company and creator of Provenance, the leading blockchain for the finance industry, announced today that Jakub Jurek has joined the company as Chief Data Officer and has appointed Ashley Harris to role of General Counsel. These personnel moves come amidst rapid growth in Figure's consumer finance offerings as well as an expanding list of industry partners utilizing the Provenance blockchain platform. 

"Jakub's incredible experience in finance, investment advising, and deep academic research credentials position him to drive smart growth and provide strategic guidance for Figure," says Mike Cagney, Figure's co-founder and CEO.

"Ashley has consistently impressed all of us in her time as deputy general counsel," Mike added. "Her industry knowledge and deep grasp of the legal terrain in which we operate will enable us to move quickly and with certainty as we continue to strengthen our position at the vanguard of finance industry innovation."

Prior to joining Figure, Jakub was Vice President of Data Science at Wealthfront, a leading automated investment service, where he led firmwide research efforts to develop, and optimize the company's investment, financial planning, and banking products. He was also the CEO and CIO of Wealthfront Strategies, LLC, an investment advisory subsidiary of Wealthfront. Prior to Wealthfront, Jakub was on the faculty at the University of Pennsylvania's Wharton School, and Princeton University's Department of Economics. His research expertise spans alternative investments, structured finance, credit risk, currencies, derivatives, and portfolio / risk management. Jakub has an A.B. in Applied Mathematics and a Ph.D. in Business Economics, both from Harvard University.

Ashley joined Figure in May 2018 and most recently served as the company's Deputy General Counsel. Prior to Figure, Ashley was General Counsel and Chief Compliance Officer at Clara Lending, an online mortgage lending start-up. Previously, Ashley was an Executive Director at J.P. Morgan in New York, where she advised all lines of business on complex financial regulatory and transactional matters. Ashley joined J.P. Morgan from Davis Polk & Wardwell LLP in New York, where she provided strategic bank and financial regulatory advice to banks, broker-dealers and other financial institutions. She has a A.B. from Brown University and a J.D. from Harvard Law School.

About Figure
Figure Technologies, Inc. creates innovative consumer financial solutions while providing its members with financial education and financial empowerment. Its mission is to build and promote innovative financial products on blockchain that benefit consumers and eliminate rent-seeking, illiquidity and other inefficiencies present in current financial markets. The company's flagship product, the Figure Home Equity Line, uses Provenance.io, the blockchain protocol Figure created. Based in San Francisco, Figure was co-founded by Mike Cagney, former co-founder and CEO of SoFi, along with Alana Ackerson, Cynthia Chen and June Ou. Figure has over 200 employees in offices in California, Nevada, Montana and Utah. Figure has raised over $130 million since its founding in January 2018.

Contact information

•             Otto Pohl, Head of Corporate Communications, Figure Technologies, [email protected], +1.917.915.4400

Figure Lending LLC. 650 California Street, Suite 2700, San Francisco, CA 94108

Equal Opportunity Lender. NMLS #1717824

SOURCE Figure Technologies, Inc.