Pagaya Technologies Closes $1B in AI-Powered Loan Deals

Author

Slice of Finance Team
07 Nov

Key Highlights:

  • Pagaya closes $1 billion in ABS transactions across personal and auto loans.

  • Fourth AAA-rated personal loan and first AA-rated auto loan ABS transactions.

  • Oversubscribed deals with 28 investors, showcasing high demand.

  • Over $25.2 billion raised in 62 transactions since 2018.

Notable Quote:

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“Our unique ability to deliver diverse, AI-driven assets at scale, coupled with a robust lending partner pipeline is more prevalent than ever.”

Ralph L. Leung, COO & CCO at Pagaya

Our Take:

Pagaya's $1 billion ABS closing, underscored by its AAA and AA ratings, cements its role as a leader in AI-driven financial products, a notable achievement in today’s market. This move reflects strong investor trust in Pagaya’s model, which merges AI and finance to deliver dependable, structured credit solutions across sectors. The company's resilience, shown by its extensive ABS issuance record and capacity to attract repeat investors, speaks to the high demand for AI-backed investment options. Pagaya’s trajectory exemplifies the future of financial services where data-driven insights can improve access, efficiency, and risk management across the lending landscape.