Pagaya to Offer More Installment Financing Solutions for Banks and Merchants Through Mastercard Engage Program

Business Wire06-12

Pagaya selected for Engage program to enable more banks and fintech partners to deliver real-time installment loans for more customers in fast-growing point-of-sale space NEW YORK, June 12, 2024--(...

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NEW YORK, June 12, 2024----Pagaya Technologies Ltd.  , a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced it is joining the Mastercard Engage program. The Mastercard Engage program connects qualified fintech enablers to banks, merchants, fintechs and more to help them accelerate product innovation through access to the company's global network, expertise, technology, and resources.As a member of the Engage program, Pagaya’s AI network will facilitate smarter, faster credit decisions that will help banks and fintechs to enable more installment opportunities for Mastercard’s customers at the point-of-sale .The Engage program supports more than 170 partners, including Pagaya, and in 2023 alone, Engage partners signed hundreds of commercial deals with Mastercar","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1261432733.SGD":"Fidelity World A-ACC-SGD","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0109392836.USD":"富兰克林科技股A","PGY":"Pagaya Technologies Ltd.","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4581":"高盛持仓","PGYWW":"PAGAYA TECHNOLOGIES LTD C/WTS (TO PUR COM)","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0971096721.USD":"富达环球金融服务 A","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4106":"数据处理与外包服务","BK4023":"应用软件","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","MA":"万事达","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0557290698.USD":"施罗德环球可持续增长基金","BK4585":"ETF&股票定投概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4227":"交易和支付处理服务","LU0238689110.USD":"贝莱德环球动力股票基金","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4588":"碎股","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0056508442.USD":"贝莱德世界科技基金A2","BK4527":"明星科技股","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC"},"translate_title":"Pagaya将通过Mastercard Engage计划为银行和商户提供更多分期融资解决方案","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PGY":1,"MA":1,"PGYWW":0.9},"content_text":"Pagaya selected for Engage program to enable more banks and fintech partners to deliver real-time installment loans for more customers in fast-growing point-of-sale space\nNEW YORK, June 12, 2024--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (the \"Company\" or \"Pagaya\"), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced it is joining the Mastercard Engage program. The Mastercard Engage program connects qualified fintech enablers to banks, merchants, fintechs and more to help them accelerate product innovation through access to the company's global network, expertise, technology, and resources.\nAs a member of the Engage program, Pagaya’s AI network will facilitate smarter, faster credit decisions that will help banks and fintechs to enable more installment opportunities for Mastercard’s customers at the point-of-sale (POS).\n\"By joining the Mastercard Engage partner network, Pagaya’s AI network is continuing to transform the consumer finance ecosystem by finding new ways to help banks and merchants deepen customer relationships, without taking on incremental risk,\" said Sanjiv Das, President of Pagaya. \"This collaboration will help accelerate further innovation and financial inclusion in the POS space, creating more financial opportunities for more people, more often.\"\nThe Engage program supports more than 170 partners, including Pagaya, and in 2023 alone, Engage partners signed hundreds of commercial deals with Mastercard customers.\nAbout Pagaya\nPagaya (NASDAQ: PGY) is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. By using machine learning, a vast data network and a sophisticated AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate products for its partners, their customers, and investors. Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in New York and Tel Aviv. For more information, visit pagaya.com.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20240612017508/en/\nContacts\nEmily PasserHead of PR & External Communications, PagayaPress@pagaya.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2442563275"}