Source: Bank Innovation

Global Fund Investments: Pagaya lands $102M Series D to pursue new asset classes

Pagaya, a four-year-old fintech that uses AI to guide institutional investing, announced a $102 million Series D today. The fundraise puts Pagaya's total funding at $147 million to date. "Technology is starting to unlock things that have traditionally sat on the balance sheet of banks and put them into institutional investors' hands," said Ed Mallon, [...]

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