Next Generation Asset Management investing in alternative assets.
Pagaya Investments (Pagaya) is a financial technology company reshaping the asset management space using machine learning and big data analytics to manage institutional money. With a focus on fixed income and alternative credit, Pagaya offers a variety of discretionary funds to institutional investors including pension funds, insurance companies, and banks
While the debate over the future of the CMO rages on, the shifting dynamics of the role at the most recognizable banks is nothing new.
U.S. Bank said 2,000 of its clients have been approved for personal loans over the past few months thanks to its partnership with Pagaya Technologies.
For customers who are declined through traditional underwriting models, artificial intelligence models that can take in more data take a wider lens of creditworthiness.