Saturday, September 18, 2021
More

    Latest Posts

    Fintech Startup Pagaya Nears $9 Billion SPAC Deal

    Pagaya Technologies Ltd. is close to an agreement to go public through a merger with a special-purpose acquisition company that would value the financial-technology startup at about $9 billion, said people familiar with the matter.

    Based in New York and Tel Aviv, Pagaya operates an artificial-intelligence network to make financial transactions like lending more efficient and give more people the ability to borrow. Banks and other financial-services providers use its platform, which analyzes troves of data to help partners serve more customers. Pagaya is nearing a deal to combine with SPAC EJF Acquisition Corp. , the people said. The merger could be announced as soon as this week.

    Fintech Startup Pagaya Nears $9 Billion SPAC Deal Source link Fintech Startup Pagaya Nears $9 Billion SPAC Deal

    Latest Posts

    Don't Miss

    Stay in touch

    To be updated with all the latest news, offers and special announcements.