This week Isabelle spoke to Pagaya's CIO, Ed Mallon about how lenders can still fulfill demand for credit despite challenges.
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The CEO and Co-Founder of Pagaya, Gal Krubiner, discusses AI-powered lending models and how it is helping consumers and lenders alike.
Pagaya is an asset manager based in New York; they announced that they have received $75 million in debt financing from Citi; the funds will be used for its Opportunity Fund to invest in loans by online lenders such as Prosper and LendingClub; the company uses machine learning to determine loans worthy of investment. Source