VIDEO: Bay Area tech company Figure moving to Reno, bringing 240 jobs

June Ou, Figure co-founder and chief operating officer, talks about the financial technology company's move to Reno at Monday's press conference.

June Ou, Figure co-founder and chief operating officer, talks about the financial technology company's move to Reno at Monday's press conference.

RENO, Nev. — There was a palpable buzz in the air as Nevada Gov. Brian Sandoval introduced the latest in a long list of tech companies to expand to Reno in 2018. Figure Technologies, a Bay Area-based financial technology company, was unveiled as the latest tech firm to move its headquarters to Reno during a press conference Dec. 17 at the Whitney Peak Hotel in downtown. Figure’s new office in downtown Reno is already home to 17 full-time employees supporting its business across the United States. The company has operations in San Francisco, Montana and Texas. In Reno, the company plans to hire 240 employees in a wide range of roles over the next several years. Figure offers an average hourly wage of $40 and access to benefits such as healthcare, flexible spending accounts and a 401(k) program. Co-founded in January 2018, Figure uses blockchain technology, AI and analytics to deliver products to improve the financial lives of their customers.

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