The blockchain lending platform Figure Technology has suffered a data breach affecting user information. This was reported by TechCrunch, citing company representative Alethea Jadick.
According to her, the incident resulted from a social engineering attack on an employee, allowing the perpetrators to steal a “limited number of files.”
The company is in contact “with partners and those affected” and is offering free credit monitoring to impacted users, she added.
The hacker group ShinyHunters has claimed responsibility for the attack. The perpetrators released 2.5 GB of compressed files online after Figure refused to pay a ransom.
Figure Technology Solutions has allegedly been breached by ShinyHunters.
Figure provides blockchain based HELOCs
(Home Equity Line Of Credit)Allegedly pii of all applicants has been stolen @Figure pic.twitter.com/nNGOK2GRLR
— Dominic Alvieri (@AlvieriD) February 13, 2026
TechCrunch analyzed a portion of the data, which included clients’ full names, home addresses, birth dates, and phone numbers.
A ShinyHunters member told the publication that Figure was among the victims of a large-scale attack targeting clients of the cloud access management service Okta. Harvard and the University of Pennsylvania were also affected.
Figure Strengthens Financial Performance
Despite the incident, the lending company’s shares rose nearly 3.6% by the end of trading on Friday. The closing price was approximately $35.3, with a market capitalization of $7.55 billion.
Experts believe the main driver was Figure’s preliminary financial results for the fourth quarter of 2025. The company expects revenue in the range of $158-162 million, exceeding Wall Street’s forecast of $154 million. The anticipated earnings before interest, taxes, and amortization are projected to be $80-83 million.
also announced $30M buyback, small but symbolic.
— matthew sigel, recovering CFA (@matthew_sigel) February 13, 2026
The platform also showed strong momentum in the consumer lending market, with quarterly volumes up 131% compared to the previous year.
The company announced plans to sell up to $4.23 million in common stock on the market while simultaneously buying back $30 million of its own shares from underwriters. Matthew Sigel, head of digital asset research at VanEck, described this move as a “small but symbolic” support for Figure’s stock.
In September 2025, the lending firm raised $787.5 million during its IPO, with a valuation of $5.3 billion.
Last year, the stablecoin issuer USDC company Circle (raised $1.1 billion) and the Winklevoss brothers’ crypto trading platform Gemini (issued shares worth $425 million) also went public.