Pagaya Targets $200M Net Income Run Rate as Lending Network Expands

Pagaya CFO Jonathan Dobres discussed the company’s growth strategy at the Canaccord Growth Conference, emphasizing loan expansion with existing lending partners and adding new partners. The update focused on the funding model and a path to profitability, but no specific financial targets, beats, or quantified guidance were provided in the news excerpt.

Analysis

Pagaya CFO Jonathan Dobres discussed the company’s growth strategy at the Canaccord Growth Conference, emphasizing loan expansion with existing lending partners and adding new partners. The update focused on the funding model and a path to profitability, but no specific financial targets, beats, or quantified guidance were provided in the news excerpt.