pagaya.com

pagaya.com operates an AI-powered lending network that connects financial institutions with a broad network of investors. The platform uses artificial intelligence to analyze loan applications in real-time, helping lenders approve more customers while maintaining their existing credit risk parameters. Through API integration, lenders can seamlessly connect their origination systems to pagaya.com's network, processing applications with what they describe as 0% latency.

The system stands out by using proprietary AI models to evaluate creditworthiness beyond traditional metrics, enabling lenders to retain customers who might otherwise be declined. What makes pagaya.com particularly valuable is that it allows financial institutions to expand their lending capacity without taking on additional balance sheet risk, as approved loans are facilitated through Pagaya's network of institutional investors. The platform handles $3.2 trillion in application evaluations and has generated $38 billion in new credit across the United States.

Financial institutions and lending companies benefit most from pagaya.com, particularly those looking to increase loan approval rates while maintaining compliance with U.S. regulations. Real-world use cases include banks wanting to offer more loan products to strengthen customer engagement, auto lenders seeking frictionless conversion processes, and financial services companies looking to expand into point-of-sale, personal loans, and auto lending without additional risk exposure.