09:48 AM EDT, 06/12/2024 (MT Newswires) -- Pagaya Technologies ( PGY ) , a fintech startup, said Wednesday that it is joining the Mastercard ( MA ) Engage program to offer more installment financing solutions for banks and merchants.

Pagaya ( PGY ) said the program will enable the company's AI network to promote smarter, faster credit decisions, allowing banks and fintechs to provide more installment options for Mastercard ( MA ) customers at the point-of-sale.

Financial details were not disclosed.

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