Pagaya (PGY) and OneMain Financial (OMF) announced a new partnership. Pagaya’s proprietary, AI-driven lending technology enables fintechs, banks, and other loan originators to provide broader credit access for their customers. Through this partnership, OneMain’s auto lending business will leverage Pagaya’s technology to support the company’s ability to serve more qualified customers that are outside its existing credit criteria. The two firms are also working to expand their partnership towards a broader enterprise agreement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PGY:
- 3 Best Stocks to Buy Now, 7/31/2024, According to Top Analysts
- Pagaya Technologies Expands with Theorem Technology Acquisition
- Pagaya to purchase consumer credit funds manager, Theorem, terms undisclosed
- Pagaya Technologies (PGY): A Fintech Stock Not for the Faint-Hearted Investors
- SoFi and Pagaya: Jefferies Selects the Best Fintech Stocks to Buy Ahead of Earnings