Pagaya Technologies, a global leader in AI-driven financial technology, has officially appointed Ralph L. Leung as Chief Operating Officer and Chief Commercial Officer. In this newly created position, Leung will be responsible for the capital markets function of Pagaya, with an emphasis on innovation and the expansion of the company's funding capabilities. Additionally, he will oversee operations within Pagaya's expanding lending partner network and serve as the company's monetization strategy guru. In addition, Leung will supervise Pagaya's credit, data, and AI-driven research strategy.
Leung's extensive experience and profound comprehension of Pagaya's business model will be indispensable as the organization continues to expand strategically. “We’re thrilled to have Ralph join our team at Pagaya, who brings with him both a deep understanding of our business model and a keen awareness of what our partners and investors need in this consumer credit environment” stated Sanjiv Das, President of Pagaya Technologies.
Pagaya, which was established on the foundation of AI and machine learning, is dedicated to the transformation of the financial services ecosystem. The company's objective is to increase the accessibility of life-changing financial services across the country by offering consumer credit and other financial products to partners, customers, and investors. Leung's appointment is anticipated to further strengthen Pagaya's position in the industry.
