Pagaya Technologies Secures $720 Million POS Loan Funding from Sound Point Capital
I'm PortAI, I can summarize articles.
Pagaya Technologies Ltd. has secured a $720 million forward flow agreement with Sound Point Capital Management for the purchase of point-of-sale (POS) loans. This transaction is part of Pagaya's strategy to enhance its POS business and diversify its funding, which now exceeds $3 billion in total capacity across various loan products. This marks a significant step in Pagaya's efforts to establish efficient capital solutions with institutional partners.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments