Pagaya crushed Q2 with a 48% EPS beat as its AI-powered auto lending vertical fired on all cylinders, and the fintech raised full-year profit guidance by 25% on the strength of connected dealership penetration hitting roughly 40% of the U.S. market.
Pagaya Technologies :
PGY
PGY
Stock Data
$21.60
$0.32 (1.50%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
SOFTWARE - INFRASTRUCTURE
Pagaya Technologies Ltd is a financial technology firm based in Tel Aviv, Israel, with a global presence. Founded in 2016, it specializes in using artificial intelligence to enhance the way loans and other assets are originated. Its innovative software solutions are designed for a diverse set of partners, including fintech companies, traditional banks, auto finance providers, and real estate service firms. By leveraging AI, Pagaya aims to streamline financial operations and improve decision-making for its clients around the world.
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