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In Second Act, a Silicon Valley CEO Opens Up About Affairs

Mr. Cagney, formerly of SoFi, opens up to the WSJ on his consensual sexual relationships with staff and how he misled the SoFi board of directors about one of the affairs.

Mr. Cagney is opening up as he debuts his latest venture: Figure Technologies Inc., a financial-technology startup focused on home-equity lending that made its first loan this week. It has hired around 90 employees and raised $58 million in venture capital, a process that involved persuading potential investors and recruits that he has learned from his leadership shortcomings at SoFi.

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alternative lending