Allfunds vs Figure Technology Solutions, Inc. Class A Common Stock: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Allfunds Group Ltd (ALLFG.AS)

Figure Technology Solutions, Inc. Class A Common Stock (FIGR)

Q3 202617 Jun – 21 Aug 2026

▲3

Figure's loan boom and Kiavi deal drive growth, but debt and take-rate pressure loom

Q1 blowout: loan volume up 113%, revenue up 98% Figure's first-quarter 2026 results showed consumer loan volume surging 113% to $2.9 billion, net revenue up 98% to $167 million, and adjusted EBITDA up 192% to $83 million. It added a record 80 partners, including Flagstar Bank. This tells investors demand for Figure's lending marketplace is accelerating, which supports a higher stock price.
This is the first hard evidence of the company's growth trajectory and directly explains why the stock has fundamental support.
June and Q2 operating data beat guidance, up 155% YoY Figure reported preliminary June and second-quarter 2026 operating data that exceeded the top end of its guidance. June consumer loan marketplace volume hit $1.5 billion, up 155% year-over-year, and Q2 volume reached $4.3 billion, up 132%. The company also moved to weekly transparency dashboards. Beating its own targets signals the business is running ahead of plan, which lifts investor confidence and the stock.
This is fresh operating data that confirms the growth trend is not slowing, a key driver of the stock's momentum.
Q2 earnings: revenue up 95%, EBITDA up 126%, Kiavi deal on track Figure's Q2 2026 results showed adjusted net revenue up 95% to $218 million, adjusted EBITDA up 126% to $119 million, and net income of $87 million. Its tokenized marketplace, Figure Connect, grew to 65% of volume. Management expects to close the Kiavi acquisition by year-end, adding 40% to volume and $100 million in EBITDA. Strong profits and a major growth acquisition push the stock up.
This is the period's biggest fundamental update, combining strong earnings with a transformative acquisition that shapes future growth.
$600M debt raise for Kiavi adds risk but funds growth Figure announced a $600 million private offering of senior notes to fund its Kiavi acquisition and general corporate purposes. The added debt increases financial risk, which can weigh on the stock, but the money directly funds a deal expected to add 40% to volume and $100 million in EBITDA. Investors are weighing the growth against the leverage.
This is the main counterweight to the growth story and explains why the stock doesn't just go straight up.

July 202617 Jun – 21 Aug 2026

▲3

Figure's loan boom and Kiavi deal drive growth, but debt and take-rate pressure loom

Q1 blowout: loan volume up 113%, revenue up 98% Figure's first-quarter 2026 results showed consumer loan volume surging 113% to $2.9 billion, net revenue up 98% to $167 million, and adjusted EBITDA up 192% to $83 million. It added a record 80 partners, including Flagstar Bank. This tells investors demand for Figure's lending marketplace is accelerating, which supports a higher stock price.
This is the first hard evidence of the company's growth trajectory and directly explains why the stock has fundamental support.
June and Q2 operating data beat guidance, up 155% YoY Figure reported preliminary June and second-quarter 2026 operating data that exceeded the top end of its guidance. June consumer loan marketplace volume hit $1.5 billion, up 155% year-over-year, and Q2 volume reached $4.3 billion, up 132%. The company also moved to weekly transparency dashboards. Beating its own targets signals the business is running ahead of plan, which lifts investor confidence and the stock.
This is fresh operating data that confirms the growth trend is not slowing, a key driver of the stock's momentum.
Q2 earnings: revenue up 95%, EBITDA up 126%, Kiavi deal on track Figure's Q2 2026 results showed adjusted net revenue up 95% to $218 million, adjusted EBITDA up 126% to $119 million, and net income of $87 million. Its tokenized marketplace, Figure Connect, grew to 65% of volume. Management expects to close the Kiavi acquisition by year-end, adding 40% to volume and $100 million in EBITDA. Strong profits and a major growth acquisition push the stock up.
This is the period's biggest fundamental update, combining strong earnings with a transformative acquisition that shapes future growth.
$600M debt raise for Kiavi adds risk but funds growth Figure announced a $600 million private offering of senior notes to fund its Kiavi acquisition and general corporate purposes. The added debt increases financial risk, which can weigh on the stock, but the money directly funds a deal expected to add 40% to volume and $100 million in EBITDA. Investors are weighing the growth against the leverage.
This is the main counterweight to the growth story and explains why the stock doesn't just go straight up.

Latest17 Jun – 21 Aug 2026

▲3

Figure's loan boom and Kiavi deal drive growth, but debt and take-rate pressure loom

Q1 blowout: loan volume up 113%, revenue up 98% Figure's first-quarter 2026 results showed consumer loan volume surging 113% to $2.9 billion, net revenue up 98% to $167 million, and adjusted EBITDA up 192% to $83 million. It added a record 80 partners, including Flagstar Bank. This tells investors demand for Figure's lending marketplace is accelerating, which supports a higher stock price.
This is the first hard evidence of the company's growth trajectory and directly explains why the stock has fundamental support.
June and Q2 operating data beat guidance, up 155% YoY Figure reported preliminary June and second-quarter 2026 operating data that exceeded the top end of its guidance. June consumer loan marketplace volume hit $1.5 billion, up 155% year-over-year, and Q2 volume reached $4.3 billion, up 132%. The company also moved to weekly transparency dashboards. Beating its own targets signals the business is running ahead of plan, which lifts investor confidence and the stock.
This is fresh operating data that confirms the growth trend is not slowing, a key driver of the stock's momentum.
Q2 earnings: revenue up 95%, EBITDA up 126%, Kiavi deal on track Figure's Q2 2026 results showed adjusted net revenue up 95% to $218 million, adjusted EBITDA up 126% to $119 million, and net income of $87 million. Its tokenized marketplace, Figure Connect, grew to 65% of volume. Management expects to close the Kiavi acquisition by year-end, adding 40% to volume and $100 million in EBITDA. Strong profits and a major growth acquisition push the stock up.
This is the period's biggest fundamental update, combining strong earnings with a transformative acquisition that shapes future growth.
$600M debt raise for Kiavi adds risk but funds growth Figure announced a $600 million private offering of senior notes to fund its Kiavi acquisition and general corporate purposes. The added debt increases financial risk, which can weigh on the stock, but the money directly funds a deal expected to add 40% to volume and $100 million in EBITDA. Investors are weighing the growth against the leverage.
This is the main counterweight to the growth story and explains why the stock doesn't just go straight up.