Pagaya

Pagaya is an AI-powered lending network that enables financial institutions to approve more loans and retain more customers without taking on additional credit risk. Lenders integrate their origination systems with Pagaya’s API to submit loan applications for instant processing. The network’s AI model analyzes applications in real time, providing immediate decisions that allow lenders to extend credit to customers who might not meet traditional criteria.

Key Features

• Real-time AI underwriting with zero latency
• API integration with existing origination systems
• Decline monetization: convert declined applicants into funded loans
• Pre-screen and direct marketing engines to proactively engage customers
• Affiliate optimizer for marketplace expansion
• Dual-look and first-look products to expand credit spectrum

Benefits

• Increase customer retention by keeping more borrowers
• Grow lending portfolio with zero balance sheet impact
• Strengthen customer loyalty through expanded product offerings (personal loans, auto loans, point-of-sale)
• Ensure compliance with U.S. regulations, fair lending, and data security standards

Who It’s For

Banks, fintech lenders, and credit providers looking to grow their loan books without added risk.

Key Benefits

• No additional credit risk for lenders
• Increases loan approvals and customer retention
• Real-time AI processing with zero latency
• Seamless API integration with origination systems