[SoFi Co-Founder Cagney's New Company Navra Raises $19 Million in Funding Led by Ribbit] According to a report by The Block on October 7, the fintech company Navra, founded by SoFi and Figure co-founder Mike Cagney, has completed an oversubscribed $19 million Series A funding round led by Ribbit Capital. Early Figure investors Baseline and DCM participated in the round, with Jump Crypto and Figure Technology Solutions serving as strategic investors. Navra provides a single interface to access multiple blockchain venues: direct connection to DeFi yield protocols and cash channels, keyless self-custody that meets qualified custody requirements, and built-in AI agents. The institutional version includes enterprise team management and full audit tracking. Figure is its first blockchain partner, already integrated with its Democratized Prime yield protocol and the first SEC-registered yield-bearing stablecoin, YLDS. The product will be released in limited capacity in late October, with white-label solutions to follow.