Pagaya

Pagaya Technologies is an AI credit-evaluation company whose models are embedded into partner lenders' application flows to evaluate borrowers the primary lender would otherwise decline, with the resulting loans funded through capital markets. Founded in 2016 with roots in New York and Tel Aviv, Pagaya went public in 2022. It positions itself as underwriting infrastructure — a "second look" engine — rather than a consumer brand, tying its growth to both model performance and asset-backed funding markets.