EJFA - EJFA STOCK NEWS

Pagaya has partnered with DigniFi to enhance access to on-the-spot financing for over 6,000 small businesses. This collaboration will leverage Pagaya's AI-driven credit analysis model to support DigniFi in funding up to $80 billion in essential repairs for 80 million underserved individuals. DigniFi's innovative financing platform enables auto dealers and small businesses to simplify loan applications and provide timely financial solutions.

Pagaya and EJF Acquisition Corp. also announced a business combination agreement valued at $8.5 billion.

Pagaya Technologies Ltd. reported a 2021 revenue of $474.7 million, exceeding projections by 17% and showing a remarkable 379% growth from 2020. The company also announced a public filing of its Form F-4 registration statement, moving forward with a proposed business combination with EJF Acquisition Corp. (NASDAQ: EJFAU, EJFA, EJFAW) expected to close in Q2 2022. Overall network volume rose to $4.9 billion, up 208% compared to the previous year.

Pagaya Technologies Ltd. will participate in the Raymond James 43rd Annual Institutional Investors Conference on March 8, 2022, at 1:40 pm ET. This event will showcase Pagaya's innovative financial technology solutions aimed at enhancing customer access to financial services through artificial intelligence. Pagaya's business combination with EJF Acquisition Corp., valued at approximately $8.5 billion, emphasizes its growth trajectory. Recent partnerships with Ally and Visa further support Pagaya's mission to reshape the lending marketplace and expand credit access.

Pagaya Technologies Ltd. announced the participation of Co-Founder and CEO Gal Krubiner in the Credit Suisse 23rd Annual Financial Services Forum on February 17, 2022, at 11:20 am ET. The event will be available via live webcast on the company's investor relations website. In September 2021, Pagaya and EJF Acquisition Corp. (EJFA, EJFAU, EJFAW) entered into a business combination agreement, valuing the combined entity at approximately $8.5 billion. Recent partnerships with Ally Financial and Visa aim to expand access to credit for more customers.

Pagaya and Visa have entered a strategic partnership aimed at enhancing financial product accessibility for Visa’s merchant partners and issuing banks. Pagaya’s AI-driven technology will enable these partners to offer better credit access, driving customer acquisition and loyalty. The partnership aligns with Visa’s mission to expand financial service access. As part of this collaboration, Visa's network will receive preferential access to Pagaya’s technology, facilitating greater purchasing power for customers. The deal follows Pagaya's planned business combination with EJF Acquisition Corp., valued at approximately $8.5 billion.

Pagaya Technologies Ltd. reported a strong performance for Q3 2021, achieving $137 million in revenue, significantly contributing to a year-to-date revenue of $320 million—over 220% higher than the full-year 2020. The company anticipates continued growth momentum into Q4 2021 and plans to expand its offerings in various sectors, including mortgages and insurance. Pagaya is preparing for a merger with EJF Acquisition Corp. (NASDAQ: EJFAU, EJFA, EJFAW), with an estimated enterprise value of $8.5 billion at closing.

Pagaya Technologies Ltd. announced participation in the Citi 2021 Virtual FinTech Conference on November 17, 2021, featuring CEO Gal Krubiner and CFO Michael Kurlander. A live webcast will be accessible on Pagaya's investor relations site. In September, Pagaya entered a definitive business combination agreement with EJF Acquisition Corp. (NASDAQ: EJFA, EJFAU, EJFAW) valued at approximately $8.5 billion. Pagaya reported a remarkable annualized Q2 2021 network volume of $4.7 billion, demonstrating 198% growth compared to FY 2020.

Pagaya Technologies and EJF Acquisition Corp. have announced a definitive business combination, valuing the combined entity at approximately $8.5 billion. The transaction will provide $288 million from EJFA's cash in trust and $200 million from a committed PIPE investment. Pagaya's AI-powered network has processed over 17 million applications in the last year, achieving 198% annualized growth in network volume. Pagaya's Q2 2021 revenue was $381 million, indicating strong financial performance.