Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a...
Autore: Business Wire
NEW YORK: Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $600 million AAA rated, personal loan ABS transaction (PAID 2026-2).
A total of 27 unique investors participated in the personal loan securitization, with the majority returning from prior transactions, and despite recent market volatility 4 new investors who have not previously participated in Pagaya’s PAID platform. Since 2018, Pagaya has issued more than $36 billion across 86 ABS transactions with over 165 institutional investors, supporting originations across personal loan, auto, and POS programs.
“The successful closing of PAID 2026-2 highlights the consistency and reliability of the Pagaya platform,” said Sahil Chandiramani, Head of Capital Markets at Pagaya Technologies LTD. “Welcoming new institutional partners alongside our deeply committed returning investors demonstrates the continued expansion of our ecosystem and the market's confidence in our AI-driven credit underwriting.”
About Pagaya Technologies
Pagaya (NASDAQ: PGY) is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. By using machine learning, a vast data network and an AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate products for its partners, their customers, and investors. Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in New York and Tel Aviv. For more information, visit pagaya.com.
Fonte: Business Wire