Key Takeaways PGY uses AI-driven underwriting and forward flow agreements to scale lending with limited balance-sheet risk.PGY posted three straight quarters of GAAP profits in 2025 after years of losses.LendingTree is expanding beyond mortgages, lifting adjusted EBITDA 48% y/y in third-quarter 2025.In a market increasingly shaped by artificial intelligence (AI) and digital lending platforms, investors are closely watching companies that sit at the intersection of technology and consumer finance. Pagaya Tec ...