Figure Technology Solutions and Sixth Street Form Joint Venture to Bring Over $2 Billion of Liquidity and Through-The-Cycle Stability to Non-Agency Mortgage Market

NEW YORK--(BUSINESS WIRE)--Feb 27, 2025--

Figure Technology Solutions (“Figure”), a technology platform powering an efficient, liquid, blockchain-based marketplace for financial products, and Sixth Street, a leading global investment firm, today announced the formation of a new joint venture vehicle in which Sixth Street’s Asset Based Finance platform has committed to invest $200M of equity. This commitment is unique in that it can be recycled and used for future Figure production driving additional liquidity for Figure private credit loans.

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This is the latest development for Figure Connect, Figure’s transformative marketplace for private credit loans, making it easier for loan origination partners to scale their businesses. Figure Connect’s key advantages include attractive warehouse lines to manage cash flow, hedging to manage market risk, and modern infrastructure that automates loan sales and deliveries, all on a public, transparent blockchain. With Figure Connect, partners can also use the marketplace infrastructure for price discovery by putting out pools of loans for bidding. As a result, over 40% of Figure’s December 2024 volume went through Figure Connect, which launched in June 2024. Figure Connect is available to all participants in Figure’s lending ecosystem.

“This joint venture between Figure and Sixth Street puts Figure Connect on a trajectory that is ultimately intended to lower costs for lenders and borrowers, similar to how borrowing costs were lowered with the introduction of TBAs in the agency mortgage space. It validates Figure Connect as the largest, most liquid, blockchain-based capital market,” said Todd Stevens, Chief Capital Officer of Figure.

“We’re excited to be an integral partner in this Figure Connect marketplace milestone and support the strategic growth of a transformational solution for loan originators and investors,” said Michael Dryden, Partner and Head of Asset Based Finance at Sixth Street. “We’re thrilled to bring our deep experience in residential mortgage investing to form this joint venture with Figure and its Figure Connect marketplace platform, which we believe is a stand-out leader that can support the evolution of home equity as well as the broader private credit market.”

The Sixth Street-backed joint venture adds further liquidity to Figure Connect’s robust offering and will be a key participant in the platform and its continued growth. The joint venture will be an “always on,” programmatic bid for Figure assets providing liquidity to Figure marketplace participants. The joint venture is expected to securitize Figure loans, forward-sell its bonds to investors and buy loans from originators, opening up a liquid marketplace. It will start with Figure HELOCs and plans to subsequently look to buy other Non-Agency credit assets.

About Figure Technology Solutions

Founded in 2018, Figure Technology Solutions (“Figure”) is a blockchain–based technology platform built to enhance efficiency and transparency in financial services. Figure Connect is powered by the Provenance Blockchain, which onboards all of Figure’s loans, and is the world’s largest originator of Real World Assets. Its subsidiary, Figure Lending LLC, is the largest non-bank provider of home equity lines of credit; its software has been used to originate more than $13B of home equity. Figure’s technology is embedded across a broad network of loan originators and capital markets buyers and is used directly as well by homeowners in 49 states and Washington, DC. With Figure, homeowners can receive approval for a HELOC in as fast as five minutes and receive funding in as few as five days.

To date, Figure has embedded its HELOC in more than 135 partners, including Rate (formerly Guaranteed Rate), CrossCountry Mortgage, Movement Mortgage, Goodleap, and many other fintechs, depositories, and independent mortgage banks. For more information, visit https://figure.com or follow Figure on LinkedIn.

About Sixth Street

Sixth Street is a global investment firm with over $100 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. Founded in 2009, Sixth Street has more than 650 team members including over 280 investment professionals around the world. For more information, visit https://sixthstreet.com or follow Sixth Street on LinkedIn.

(Graphic: Business Wire)

SEATTLE--(BUSINESS WIRE)--Jan 12, 2026--

ShareBuilder 401k, a pioneer in affordable, all-ETF retirement solutions, today announced a new initiative designed to help self-employed freelancers, consultants, and sole proprietors take control of their financial future. From January 12 through February 4, 2026, the company is waiving all setup costs for its Solo 401(k) plans, allowing self-employed business owners to save up to $150 immediately upon opening a new account.

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While 401(k)s are often associated with large corporations, the “company of one” or any multiple owner shop with no employees can have access to one of the most powerful tax-saving tools available – a Solo 401(k) plan. However, most self-employed are not aware they can have a 401(k) as an owner-only company.

"We have helped self-employed companies across the spectrum get started with a Solo 401(k) including real estate agents, landscapers, consultants, carpenters, contractors and more. No business is too small to qualify for a 401(k), and the costs are often low, especially considering the tax savings typically realized by a single-person operation," said Stuart Robertson, CEO of ShareBuilder 401k. "Thinking your business is too small or that 401(k)s are expensive are major misconceptions. In reality, a Solo 401(k) is often the superior choice for the self-employed, who want to put away more than the $7,000 per year maximum IRA contribution; as Solo 401(k)s offer up to 10 times higher contribution limits. Not only does this offer the opportunity to build a substantial nest egg, but it also enables an owner to save a lot on taxes each year."

This promotion arrives at a critical time for 2025 tax planning. Any owner-only business starting their first 401(k) plan can still make contributions that qualify for 2025 taxes until their business tax deadline. As the owner is both the employer and employee in a Solo 401(k) plan, a self-employed person can make contributions of up to $70,000 (depending on your earnings) in the 401(k) for the 2025 tax year until your businesses tax deadlines (April 16, 2026 for single-member LLCs and sole proprietors). Depending on your entity type, employee contributions can be made too. This unique flexibility allows solopreneurs to open a plan during this January and February promotion and retroactively lower their 2025 taxable income.

Solo 401(k) financial benefits for 2026 are even larger. For the 2026 tax year, the total Solo 401(k) contribution limit (combining employee and employer roles) has increased to $72,000. For those aged 50–59, the limit rises to $80,000, and, thanks to recent legislation, individuals aged 60-63 have a cap of $83,250.

To learn more about qualifying for a Solo 401(k) or to open an account with waived setup fees, visit www.sharebuilder401k.com.

About ShareBuilder 401k ShareBuilder 401k is a leading digital provider specializing in low-cost, all-ETF retirement products for the self-employed and small businesses. Founded in 2005 and serving over 6,500 businesses nationwide, ShareBuilder 401k serves as a pioneer in index-based 401(k) plans, digital quoting, and investment management (ERISA 3(38)) services. The company is dedicated to closing the retirement savings gap by providing cutting-edge technology, transparent pricing, and quality education to business owners of all sizes.

ShareBuilder 401k has rated the best 401(k) provider by Forbes, CNN, and Nerdwallet.