Pagaya Adds 2 Partners to Lending Network.
M2 EQUITYBITES-October 26, 2023-Pagaya Adds 2 Partners to Lending Network
(C)2023 M2 COMMUNICATIONS http://www.m2.co.uk
Technology company Pagaya Technologies Ltd. (NASDAQ: PGY) has onboarded a top five bank in the US and a top four auto captive lender to its tech-enabled, two-sided lending network, the company said.
With the addition of these two new strategic partners, the company expects to be able to substantially grow its network volume.
Pagaya's tech-enabled credit-decisioning product suite enables its new top tier bank and auto captive partners to approve more consumer loans, as well as new and used auto loans.
By connecting to Pagaya's integrated and seamlessly embedded lending technology, these partners will have the ability to expand and deepen their customer...
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