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ABC57 News in South Bend, Ind. covers all of Michiana including St. Joseph, Elkhart, Kosciusko, LaPorte and Marshall counties in Indiana and Berrien, Cass, Van Buren and St. Joseph counties in Mich.
Pagaya Announces Expansion of PAID Shelf With $900 Million Pre-Funded Consumer Credit Deal Pagaya, an artificial intelligence (AI) powered investment manager, announced on Tuesday the expansion of the Pagaya AI Debt Selection Trust (PAID) shelf with $900 million committed. According to Pagaya, the demand for this PAID issuance was evidence of investors deeply trusting the platform as the deal was multiple times oversubscribed. While sharing details about the deal, Gal Krubiner, Pagaya’s CEO and Co-Founder, stated: “This has been a year of hyper-growth at Pagaya, and we’re continuin...