Pagaya Technologies, a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced it has amended and expanded its existing revolving credit facility to $132 million, more than doubling the prior $58 million facility.

Pagaya is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. By using machine learning, a vast data network and an AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate products for its partners, their customers, and investors. Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy.