Pagaya in the news
Global Capital / march 16, 2021Pagaya completes largest hybrid marketplace ABS
Fintech platform Pagaya priced a $900m fully pre-funded securitization, its largest ever deal as well as one of the biggest transactions seen in the sector. The transaction was 2.75 to 3 times oversubscribed, according to the company.
Crowdfund Insider / march 16, 2021Pagaya Announces Expansion of PAID Shelf With $900 Million Pre-Funded Consumer Credit Deal
Pagaya, an artificial intelligence (AI) powered investment manager, announced on Tuesday the expansion of the Pagaya AI Debt Selection Trust (PAID) shelf with $900 million committed. According to Pagaya, the demand for this PAID issuance was evidence of investors deeply trusting the platform as the deal was multiple times oversubscribed.
Press Release / december 8, 2020Pagaya Announces Expansion into Auto Loans
Pagaya, a financial technology company, publicly announced the expansion of its consumer credit offering into auto loans, with hundreds of millions of dollars already invested in the space and multiple lending partners, including Flagship Credit Acceptance and Foursight Capital, both leading providers of auto finance solutions.
Press Release / february 27, 2018Fintech startup Pagaya raises $75 million in debt finance from Citi
Pagaya Investments, a U.S.-Israeli financial technology provider that uses machine learning and big data analytics to manage institutional money, said on Tuesday it raised $75 million in debt financing from Citi.