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Pagaya auto run rate up 140% YoY

Fintech closed six ABS transactions in Q2

C.J. Moore

Fintech Pagaya Technologies’ network volume rose to a record high in the second quarter on strong growth in its auto lending segment. Pagaya’s annualized run rate for auto reached $4.8 billion in Q2, up 140% YoY and 108.7% quarter over quarter, according to the company’s July 30 letter to shareholders.  “Auto was the standout this quarter […]

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