Blockchain lending platform Figure Technology has suffered a data breach affecting user information. This was reported by company representative Alethea Judick to TechCrunch.

According to her, the incident resulted from a social engineering attack on one of its employees, allowing the attackers to steal a "limited number of files."

The company is in contact with "partners and affected individuals" and is offering free credit monitoring to those impacted, Judick added.

The hacker group ShinyHunters claimed responsibility for the attack, releasing 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 part of the data, which included full names, home addresses, birth dates, and phone numbers of the platform's clients.

A member of ShinyHunters told the publication that Figure was among the victims of a large-scale attack targeting clients of the cloud access management service Okta. Other victims include Harvard and the University of Pennsylvania.

Figure Strengthens Financial Performance

Despite the incident, shares of the lending company rose nearly 3.6% by the end of trading on Friday, closing at approximately $35.3, with a market capitalization of $7.55 billion.

Source: Yahoo Finance.

Experts believe the primary driver was Figure's preliminary financial results for the fourth quarter of 2025. The company expects revenue between $158-162 million, surpassing Wall Street's forecast of $154 million. The projected earnings before interest, taxes, and depreciation are estimated at $80-83 million.

also announced $30M buyback, small but symbolic.

— matthew sigel, recovering CFA (@matthew_sigel) February 13, 2026

The platform also showed strong growth in the consumer lending market, with quarterly volumes increasing by 131% compared to last year.

The company announced plans to sell up to $4.23 million in common stock 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 "small but symbolic" support for Figure's stock prices.

In September 2025, the lending firm raised $787.5 million in its IPO, valuing the company at $5.3 billion.

It is worth noting that last year, the stablecoin issuer USDC company Circle (raised $1.1 billion) and the cryptocurrency trading platform founded by the Winklevoss twins Gemini (raised $425 million) in their IPOs.