We are advising Figure on the transaction

Davis Polk is advising Figure Technologies, Inc. on its merger with Homebridge Financial Services, Inc. Financial terms of the transaction were not disclosed.

Figure is a leader in transforming financial services through blockchain technology. Homebridge Financial Services is one of the largest privately held, non-bank lenders in the United States.

The Davis Polk corporate team includes partners Lee Hochbaum and Evan Rosen and associate Soo Lim. The finance team includes partner Hilary Dengel and associate Michael Fan. Partner Ethan R. Goldman and associate Danielle Rapaccioli are providing tax advice. Partner Frank J. Azzopardi is providing intellectual property advice. Partner Adam Kaminsky is providing executive compensation advice. Counsel Mary Marks is providing antitrust and competition advice. Members of the Davis Polk team are based in the New York and Washington DC offices.