Pagaya’s Post

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This week, CEO Gal Krubiner spoke at Canaccord Genuity Group Inc.’s 44th Annual Growth Conference, where he discussed Pagaya’s Q2 highlights, recent partnership wins and industry trends. In case you missed it, here are two key moments from the event: "We have a value proposition that no one can say no to. It’s a perfect product for banks and lenders in the US. The bank keeps the customer under their brand and gets to say yes [more often],” Gal said. “We are continuing to land more partners, and on the funding side…we moved away from traditional ABS to committed capital. You should expect more in the future and this will have a transformational impact on the funding side of Pagaya.” “Any good fintech should have at its core a disruptive element to its business model. And a great one should be able to even leverage multiple disruptive elements at the same time. Pagaya has the potential to fall in this latter category in our view, leveraging what may be one of the most powerful and holistic next-generation credit algorithms in the market, combined with investment vehicles to fund loan portfolios generated with the credit algorithm.” - Joseph Vafi, CFA, of Canaccord. Watch the full presentation: https://lnkd.in/enfdCSuj #Fintech #Lending 

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