Executive Hires Expand Pagaya’s Growing Originations Team Into Phoenix and Los Angeles
Pagaya, a global financial technology company using artificial intelligence (AI) to reshape asset management, announced its expansion to the U.S. West Coast with the appointments of Jason Hass as Senior Vice President of Originations and Mike Cannatella as a Vice President of Originations, based in Phoenix and Los Angeles respectively. Hass and Cannatella join Pagaya’s Originations Group, alongside Theo Ellis who came on board in Fall 2019 as a Vice President of Originations at the firm. The expansion signals continuing demand for Pagaya’s data-driven investment strategies, which consistently produce above-market returns for investors.
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“We’re committed to helping lenders navigate this difficult, uncertain time by unlocking more opportunities that would otherwise go untouched”
Led by Benjamin Blatt, Pagaya’s Head of Capital Markets and Originations, the Origination Group is responsible for identifying and establishing asset acquisition channels and strategic partnerships with a focus on consumer industries, such as credit card receivables, unsecured consumer installment loans, and auto loans. The Group is also researching and exploring opportunities in residential mortgages, and home equity lines of credit.
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“We’re committed to helping lenders navigate this difficult, uncertain time by unlocking more opportunities that would otherwise go untouched,” said Blatt. “With Jason and Mike on board, we’re doubling-down on this mandate.”
Previously holding senior positions at several fintech firms (including Credit Karma, TrueAccord, and UK-based Aire Labs), Hass brings a wealth of fintech expertise to his role at Pagaya, spanning business development and leadership, partnerships, operations, and law. Hass will oversee Pagaya’s strategic partnership initiatives.
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