Pagaya announces new partnership with Sezzle

Pagaya Technologies (PGY) announced a new partnership with Sezzle (SEZL). Through the partnership, Sezzle will embed Pagaya’s AI underwriting platform at the point of sale to help more qualified borrowers access an installment loan product, issued by WebBank, while “preserving a seamless Sezzle customer experience,” the company said. “This partnership allows Sezzle long-term lending customers to access greater spending power, while keeping the experience simple, transparent, and entirely within the Sezzle ecosystem,” said Amin Sabzivand, Chief Operating Officer of Sezzle. “By integrating Pagaya’s decisioning tools alongside our core product, we’re giving shoppers more choice at checkout and helping merchants unlock higher-value transactions without added complexity.”