The Golden Gate Bridge and San Francisco skyline from the Marin Headlands above Sausalito, Calif. (AP Photo/Eric Risberg, File)
The Golden Gate Bridge and San Francisco skyline from the Marin Headlands above Sausalito, Calif. (AP Photo/Eric Risberg, File)SoFi co-founder and former CEO Mike Cagney, ousted from the fintech over a sexual harassment scandal, has applied for a national bank charter for his own blockchain lending startup.

U.S.-based fintech Figure has launched the first end-to-end digital fund services using blockchain technology, adding to its existing portfolio of lending and banking offerings.

U.S. startup Figure launched the first loan marketplace to host the buying and selling of loans on blockchain, saying it will provide a cheaper, faster and more transparent system than existing loan-purchasing options.