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May 12, 2022
Bellevue-based DigniFi, an inclusive financing platform whose credit branded products are issued by WebBank, announced that Pagaya has joined the platform as a credit analysis partner. By supplementing the standard underwriting for DigniFi-branded loans with Pagaya's credit analysis model, Pagaya supports DigniFi's efforts to fund up to $80 billion worth of repairs that might otherwise be deferred and supports up to 80 million people with inadequate access to the financial resources they need to stay safe while driving. Pagaya uses a proprietary AI to help partners, like DigniFi, better serve their customers. DigniFi is a FinTech company that helps auto dealers and small businesses grow their revenue through inclusive financing. Its technology simplifies the loan application process and enables small businesses to offer on-the-spot financing, for auto repairs, parts and accessory purchases, and maintenance packages.