Figure Technologies releases fund services offerings on blockchain

[Lenipiw]

They aim to make investing faster. Figure Technologies launched its new digital fund services products for investment firms on a blockchain, the company said in a statement.

The San Francisco-based financial technology firm used the Provenance blockchain and aims to use the technology to automate much of the paper-based processes in fundraising and fund management. Services include capital raising, investor onboarding, know-your-customer, anti-money laundering and Bank Secrecy Act activities, digital subscriptions, capital calls, and transfer agents.
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