Figure Technology Solutions Expands SMB Lending Reach With Credibly Partnership

May 17, 2026 - 06:41

Figure Technology Solutions, listed on Nasdaq as FIGR, has formed a new partnership with Credibly to broaden its presence in the small and medium sized business lending space. Under the agreement, Credibly will act as a borrower within the SMB lending ecosystem, utilizing Figure's blockchain native and AI powered lending marketplaces, including its platform known as Democratized Prime.

This marks the second fintech company to access Democratized Prime, signaling increasing adoption of Figure's blockchain based capital markets infrastructure beyond consumer loans. The partnership allows Credibly to tap into a more efficient funding source, while Figure gains access to a larger pool of small business borrowers. Both companies aim to streamline the lending process by reducing traditional friction points such as slow underwriting and high operational costs.

Figure's technology relies on distributed ledger systems to automate loan origination, servicing, and financing. By integrating Credibly into its network, Figure continues to push its infrastructure deeper into commercial lending, a sector that has historically been slower to adopt blockchain solutions. The move suggests that Figure sees significant opportunity in serving smaller businesses, a market often underserved by traditional banks. Financial terms of the partnership were not disclosed.