Pagaya to sell up to $2.5B of its cosumer loans to Castlelake - report

4 hours ago 1

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Castlelake LP agreed to acquire as much as $2.5B of consumer loans from fintech firm Pagaya Technologies (NASDAQ:PGY), it said on Monday.

Pagaya (NASDAQ:PGY) stock rose 2.2% in late Monday trading.

The company will purchase the loans over a 16-month

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