Pagaya (PGY) and OneMain Financial (OMF) announced a new partnership. Pagaya’s proprietary, AI-driven lending technology enables fintechs, banks, and other loan originators to provide broader credit access for their customers. Through this partnership, OneMain’s auto lending business will leverage Pagaya’s technology to support the company’s ability to serve more qualified customers that are outside its existing credit criteria. The two firms are also working to expand their partnership towards a broader enterprise agreement.
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