Pagaya Technologies Ltd. Warrants

Pagaya Technologies Ltd. is a product-focused technology company that applies data science and proprietary AI-powered technology to financial services for its customers and for institutional or sophisticated investors in the United States, Israel, and the Cayman Islands. Its offerings include Decline Monetization, which lets partners automatically route rejected loan applications to its network and approve customers they would otherwise decline; Dual Look, which assesses applications concurrently with partners in real time; and First Look, which routes designated segments of loan applications to the network for evaluation. It also provides the Affiliate Optimizer Engine for originating loans through third-party affiliate channels, the Direct Marketing Engine for targeting and acquiring new customers through direct channels, and FastPass, which accelerates the transaction process. Its partners include financial technology companies, incumbent banks and financial institutions, auto finance providers, and residential real estate service providers. The company was founded in 2016 and is headquartered in New York, New York.