Pagaya Issues AAA-rated $600 Million Personal Loan ABS Transaction
- Consistent market demand led to the successful onboarding of four new institutional investors to the PAID platform, further diversifying the company’s funding base.
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Since inception, Pagaya has generated
$28.5 billion in ABS for personal loans to support its growing Partner Network.
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
“The successful closing of PAID 2026-2 highlights the consistency and reliability of the Pagaya platform,” said
About
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
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