AI-powered asset manager Pagaya overseeing $650m after latest ABS deal
Bank Innovation
JULY 3, 2019
Pagaya, which uses artificial intelligence to manage institutional money, is issuing a second $100 million actively managed asset-backed securities (ABS) offering, the U.S.-Israeli Israeli fintech firm announced today. This follows Pagaya's first $100 million ABS deal fully managed by AI in February.
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