12min chapter

Wharton FinTech Podcast cover image

Pagaya CEO Gal Krubiner – Transforming consumer lending with AI

Wharton FinTech Podcast

CHAPTER

Shifting Risk in Financial Inclusion

This chapter discusses how the risk is shifted away from banks or lenders in the context of financial inclusion. They explore the concept of decoupling the servicing relationship from the asset itself, highlight the challenges faced by depositary banks in providing lending to communities, and explain how their model helps banks serve their customers while maintaining compliance.

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