Visa has established a strategic partnership with the AI fintech company Pagaya, aimed at enhancing credit access for its merchant and issuing bank partners.
Pagaya leverages advanced AI technology and a robust infrastructure that empowers banks, originators, and merchants to deliver financial products through a streamlined, white-labeled customer experience. This collaboration is designed to broaden the credit options available to Visa’s partners, ultimately increasing customer acquisition, enhancing purchasing power, and fostering brand loyalty.
Jack Funda, Senior Vice President and Global Head of Merchant Sales Partnerships at Visa, stated, “By partnering with Pagaya, we are equipping our issuing bank clients and co-brand partners with cutting-edge technology that will enable them to expand their customer base, improve conversion rates, enhance purchasing power, and drive revenue growth.”