NasdaqCM:PGYSoftware
Pagaya Bets On Asset Light AI Model And Bank Partnerships
Pagaya Technologies (NasdaqCM:PGY) is shifting its business model toward an asset-light AI infrastructure approach.
The company is pivoting away from riskier segments and focusing on partnering with major banks and fintechs.
Its technology is being used in areas such as prime loans and buy now, pay later services with established financial institutions.
Pagaya sits at the intersection of finance and data science, providing AI-driven infrastructure that helps banks and consumer finance...