Pagaya in partnership with Exeter Finance, scaling auto lending product

Pagaya Technologies has announced a partnership with Exeter Finance, a premier auto finance company delivering financing solutions for over a million customers, across more than 13,000 dealerships. By integrating Pagaya’s AI-driven auto product, which includes access to fully automated credit decisioning technology and real-time funding of loans originated, Exeter can help auto dealerships in its network sell more vehicles, without taking on incremental risk. “We’re excited to leverage Pagaya’s AI technology and lending network to serve our dealer partners nationwide,” said Brad Martin, President and COO of Exeter. “In an increasingly competitive credit market, this partnership will help our dealers sell more new and used vehicles and facilitate more real-time seamless customer experiences.”