Pagaya Raises $1 Billion Across Two New Personal Loan and Auto ABS Deals, Signaling Strong Capital Markets Demand

NEW YORK–(BUSINESS WIRE)–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 PAID 2024-10 and RPM 2024-3, totaling $1 billion in size across both deals. This represents the Company’s fourth AAA-rated personal loan ABS transaction and its first AA-rated auto ABS transaction. A total of 28 unique investors participated across these two transactions, the