Fig Financial Surpasses $500 Million Lent as It Expands Its Financial Services Platform

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The milestone coincides with the launch of FinTalk, Fig’s new podcast demystifying money for everyday Canadians

Financial Post

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TORONTO, July 14, 2026 (GLOBE NEWSWIRE) — Fig Financial, a leading Canadian fintech backed by Ontario Teachers’ Pension Plan and Fairstone Bank, today announced it has officially lent more than $500 million to Canadians, marking a major milestone in the company’s growth and reflecting the trust Canadians have placed in its approach to borrowing.

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Since launching in 2023, Fig has received more than 1.2 million loan applications from Canadians and earned more than 1,200 Trustpilot reviews with an average rating of 4.8 out of 5, reflecting growing demand for transparent financial products with clear terms, structured repayment, and a customer-first experience.

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“Reaching half a billion dollars lent is a milestone we’re incredibly proud of. What makes us even prouder is the trust Canadians have placed in us,” said François Côté, Chief Executive Officer of Fig Financial. “We started by helping Canadians borrow better, but our ambition has always been much bigger. We’re building a financial partner Canadians can rely on through every stage of their financial lives.”

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“Since launch, we’ve received more than 1.2 million applications, with 40% submitted outside traditional banking business hours,” said Monisha Sharma, Chief Revenue Officer at Fig Financial. “That tells us Canadians want financial services that fit their lives, not banking hours. Everything we build is designed to make managing money simpler, more transparent, and more accessible. Reaching this milestone is just the beginning.”

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From the beginning, Fig has been committed to meeting Canadians where they are. Looking ahead, the company is deepening its investment in financial education, partnerships, and new financial products that help Canadians borrow, spend, save, and build with confidence.

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Talking Finance With FinTalk

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As part of this next chapter, Fig is officially launching FinTalk, its podcast dedicated to making money conversations simpler for Canadians.

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Hosted by Chief Revenue Officer Monisha Sharma, FinTalk brings together Fig leaders and respected voices from across the financial industry for practical conversations about the financial topics Canadians care about most, including:

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“Money can feel overwhelming, but it doesn’t have to be,” said Sharma. “FinTalk is about making financial conversations approachable, practical, and judgment-free. Whether you’re building credit, buying your first home, protecting yourself from scams, or simply trying to make smarter financial decisions, we want Canadians to feel more confident about their money.”

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