Pagaya Technologies (PGY), a fintech startup, said Wednesday that it is joining the Mastercard (MA) Engage program to offer more installment financing solutions for banks and merchants.
Pagaya said the program will enable the company's AI network to promote smarter, faster credit decisions, allowing banks and fintechs to provide more installment options for Mastercard customers at the point-of-sale.
Financial details were not disclosed.
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