About Fig Loans
Fig Loans is a company based in Houston (United States) founded in 2014. Fig Loans has raised $4.73 million across 5 funding rounds from investors including Techstars, Access Ventures and Arrow Venture Partners. Fig Loans offers products and services including Installment Loans. Fig Loans operates in a competitive market with competitors including FloatMe, Better Financial Corporation, Mr Lender, Lift Credit and Plain Green Loans, among others.
- Headquarter Houston, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Fig Loans Texas Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.73 M (USD)
in 5 rounds
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Latest Funding Round
$952.19 K (USD), Seed
Dec 18, 2019
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Investors
Techstars
& 6 more
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Employee Count
Employee Count
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Products & Services of Fig Loans
Fig Loans offers a comprehensive portfolio of products and services, including Installment Loans.
Alternative to payday loans with flexible installment repayment options.
Funding Insights of Fig Loans
Fig Loans has successfully raised a total of $4.73M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $952.19 thousand completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $952,193
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Seed - Fig Loans | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Fig Loans | Valuation | Access Ventures , Arrow Venture Partners | |
| Sep, 2016 | Amount | Seed - Fig Loans | Valuation |
investors |
Investors in Fig Loans
Fig Loans has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Techstars, Access Ventures and Arrow Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Access Ventures is focused on impact investing for societal change.
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Founded Year | Domain | Location | |
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Investments in multiple sectors are made by Tubergen Ventures.
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Founded Year | Domain | Location | |
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Impact investments are targeted by VilCap Investments venture capital firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fig Loans
Financial Statements - Fig Loans
Fig Loans Comparisons
Competitors of Fig Loans
Fig Loans operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FloatMe, Better Financial Corporation, Mr Lender, Lift Credit and Plain Green Loans, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for cash advance loans
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| domain | founded_year | HQ Location |
Online platform for instant cash advancesand credit building
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| domain | founded_year | HQ Location |
Operates as a payday lender providing short-term loans.
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| domain | founded_year | HQ Location |
Platform for installment loans
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| domain | founded_year | HQ Location |
Operates as an online platform offering payday loans to individuals.
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Frequently Asked Questions about Fig Loans
Fig Loans was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Fig Loans is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Fig Loans is a funded company, having raised a total of $4.73M across 5 funding rounds to date. The company's 1st funding round was a Seed of $75K, raised on Feb 23, 2016.
Short-term loans are offered by Fig Loans, founded in 2014 in Houston, United States, within the financial services sector. Amounts between 300 and 750 are provided for periods of 4 to 6 months to individual borrowers. Repayments are reported to credit bureaus, supporting the development of credit histories for participants. Operations focus on accessible lending options in the region.
Fig Loans's top competitors include FloatMe, Better Financial Corporation and Lift Credit.
Fig Loans offers Installment Loans.
Fig Loans has 7 investors. Key investors include Techstars, Access Ventures, Arrow Venture Partners, Tubergen Ventures, and Aaron Bird.