Pagaya Taps Citi Veteran as Chief Commercial Officer to Expand Bank Partnerships

Event summary

  • Terry O’Neil, former Citi Managing Director, joins Pagaya as Chief Commercial Officer effective May 21, 2026.
  • O’Neil will lead Pagaya's partnership and growth functions, focusing on scaling enterprise commercial operations.
  • He brings 20 years of experience in consumer financial services, including payments and strategic partnerships.
  • Pagaya aims to deepen product adoption among major U.S. consumer lenders through O’Neil’s leadership.

The big picture

Pagaya’s hire of Terry O’Neil underscores its strategic push to solidify partnerships with major U.S. consumer lenders. The move comes as fintech firms increasingly collaborate with traditional banks to enhance their digital capabilities. O’Neil’s expertise in payments and consumer strategy positions Pagaya to capitalize on the growing demand for AI-driven financial solutions in the lending sector.

What we're watching

Partnership Expansion
How O’Neil’s deep banking relationships will accelerate Pagaya’s integration with major U.S. lenders.
Execution Risk
Whether Pagaya can sustain its growth momentum while embedding its platform more deeply into the financial ecosystem.
Industry Trends
The pace at which AI-driven financial solutions gain traction among traditional consumer lenders.