Investing startup Pagaya just raised $100M to disrupt the credit markets using artificial intelligence

Wealthtech company Pagaya is strutting its stuff with $100 million in actively managed asset-backed securities (ABS) – powered by artificial intelligence (AI). For this new development, Pagaya will use its AI to select and purchase individual loans; “differentiating from traditional ABS mechanics of securitising a pool of previously assembled assets”.

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