VIDEO: Bay Area tech company Figure moving to Reno, bringing 240 jobs
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.
Per the agreement, Caesars will continue to operate Harrah’s for the first half of 2020 before it’s redeveloped into a non-gaming hotel and mixed-use development.