Media

Pagaya CEO featured in Wall Street's 2019 rising stars list

July 08, 2019, by Gal Krubiner

 The young entrepreneur leads teams in New York and Israel. But well before he cofounded the artificial-intelligence-focused Pagaya, teenage Krubiner had 700 kids reporting to him and his partners as a scouting leader in Israel. From that experience, as well as competitively flying radio-controlled helicopters, he fell in love with leadership, discipline, and “the ability to have big dreams and execute them.” 
 

ABS in Mind podcast : New structures, AI in consumer ABS

July 08, 2019, by Gal Krubiner

Our CEO and cofounder Gal Krubiner was interviewed on Debtwire podcast ABS in Mind, where he chatted with host Diana Asatryan about the role of AI in ABS.
 

Pagaya Surpasses $500MM in Consumer ABS Issuance

Sep 23, 2019, by Yahoo!

Pagaya, a global financial technology company using artificial intelligence (AI) to reshape asset management, today announced the closing of a consumer credit asset-backed security (ABS) at $200 million. The ABS, like the three before it, will be actively managed by Pagaya’s AI.
 

U.S.-Israeli fintech firm Pagaya raises $25 million

April 03, 2019, by Reuters

Pagaya, a U.S.-Israeli firm that uses machine learning and big data to manage institutional money, said on Wednesday it raised $25 million in a funding round led by Oak HC/FT.

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Pagaya raises $25 million to manage asset-backed securities with AI

April 03, 2019, by Kyle Wiggers

Pagaya Investments, an AI-driven institutional asset manager that focuses on fixed income and consumer credit markets, today announced that it has raised $25 million in series C funding led by Oak HC/FT.

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Digital Ventures backs Israeli fintech startup Pagaya’s $25m Series C

April 03, 2019, by Chalida Ekvitthayavechnukul

Digital Ventures, the venture capital arm of Thailand’s Siam Commercial Bank, has made a return investment in Israel-based artificial intelligence (AI) driven asset management firm Pagaya, backing its $25-million Series C round.

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Artificial Intelligence Is Changing Banking and Wall Street. Here's What to Expect in 2019.

Feb. 08, 2019, by Toby Nwazor

New technologies have enabled tremendous evolution in the finance industry, especially over the past decade. Thanks to machine learning and artificial intelligence (AI), investors and consumers are getting access to more innovative tools, new types of financial products and a new potential for growth.

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Pagaya shows off its AI-powered $100m ABS

Feb. 06, 2019, by Antony Peyton

bankintech

Gal Krubiner, Pagaya’s CEO and co-founder, says it’s “paving the way for practical uses of AI in the ABS market” and “we’re just a few years away” from all collateralised loan obligations (CLOs), mortgage-backed securities (MBS) and ABS being managed by AI.

Pagaya Announces First-Ever $100 Million ABS Fully Managed By AI

Feb. 06, 2019, by Business Wire

biz-journals

Pagaya, a global financial technology company using artificial intelligence (AI) to reshape asset management, today announced $100 million in actively managed asset-backed securities (ABS) led by structuring agent Cantor Fitzgerald.

AI fintech co Pagaya issues $100m in asset backed securities

Feb. 06, 2019, by Tal Shahaf

Israeli financial technology company Pagaya today announced $100 million in actively managed asset-backed securities (ABS) led by structuring agent Cantor Fitzgerald. The company has signed an agreement to manage the funds with…

Pagaya is using AI to invest in consumer ABS

Feb. 06, 2019, by Meghan Morris

business insider

Artificial intelligence has been the topic du jour on Wall Street. JPMorgan is cleaning up its database to do artificial intelligence better. Other managers are using it to augment their sustainable investing strategies.

Enter Pagaya, a New York- and Israel-based startup using artificial intelligence to evaluate loans…

Fintech Pagaya places $100M consumer loan ABS managed by AI

Feb. 06, 2019, by Glen Fest

AmericanBanker
Fintech startup Pagaya Investments says it has privately placed a consumer-loan securitization that will rely solely on artificial-intelligence (AI) – rather than human judgment – to manage and operate its debut $100 million portfolio.

Asset Managers: How To Win With AI In 2019

Jan. 22, 2019, Gal Krubiner, Pagaya CEO

Forbes

As many people experienced, the global financial crisis of 2008-2009 was a major economic event that affected millions. Many also thought that the crisis would derail the future of the financial services industry, including opportunities for growth in asset management.

incimage

5 Burning Questions for Institutional Investors in 2019

Jan. 16, 2019, Larry Alton

inc

As you contemplate the decisions you made over the past year, you’re likely asking yourself these five important questions–the answers to which will drive your strategy in the year to come.

Pagaya's CIO interview on CNN

Jan. 2, 2019, Richard Quest

cnn logo

Richard Quest is CNN’s foremost international business correspondent and host of Quest Means Business, which airs Monday to Friday at 3pm ET / 8pm BST on CNN International.

Fintech startup Pagaya raises $75 million

27.02.2018

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.

Pagaya Raises $14 Million in Series B Funding

Aug 30, 2018

Pagaya, a global financial technology company using AI to reshape the asset management and institutional investment markets, today announced a $14 million Series B funding round co-led by Oak HC/FT

Fintech startup Pagaya raises $14 mln in private funds

Mar. 5, 2018, Frank Chaparro

Pagaya Investments, a U.S.-Israeli financial technology provider that uses machine learning and big data analytics to manage institutional money,

Israeli AI fintech co Pagaya raises $14m

Reporting by Steven Scheer 27.02.2018

The latest investment will be used for Pagaya’s scalable, tech-driven approach to asset management.

Former AmEx CEO Leads $14 Million Round for Loan Assessment Startup Pagaya

Meir Orbach,30.08.18

ctech

Pagaya’s technology uses a machine learning algorithm to automatically detect and assess potential loan offerings on different consumer credit platforms in the U.S.

Hot investing startup Pagaya has landed a 20-year BlackRock veteran as chief investment officer

Reporting by Steven Scheer 27.02.2018

Pagaya, a New York-based asset manager, landed $75 million in debt financing from Citigroup, the Wall Street giant, the company announced Tuesday.

A startup looking to shakeup investing in a $3.8 trillion market just got a loan from Citi

Mar. 5, 2018, Frank Chaparro

Ed Mallon, a former managing director at BlackRock, has joined a small asset manager as its chief investment officer.

Fintech Startup Pagaya Raises $75 Million in Debt Finance From Citi

FEB. 27, 2018

Founded in 2016, Pagaya has raised $200 million in capital, mainly from institutional investors.
The company also said it has created the Opportunity Fund, a leveraged fund suite created by Pagaya using the debt financing. 

Asset Management Is Stuck in the Past, Says Pagaya Group CEO

Asset Management Is Stuck in the Past, Says Pagaya Group CEO

ctech

Meir Orbach 09.11.2017​

Big data and analytics are going to change the field of asset management, said Gal Krubiner, CEO and founder of the Pagaya Group

Fintech Pagaya Receives $75 Million in Debt Financing from Citi

FEB. 27, 2018

Pagaya Investments, a Fintech company in the asset management space, has received $75 million in debt financing from Citi.

Fintech funding round-up: 27 February 2018

FEB. 27, 2018

As February almost fades from view, the fintech funding doesn’t. Our latest round-up stars Pagaya Investments, C2FO and RecargaPay.

Additional media

Pagaya Investments taps ex-BlackRock MD for CIO

By Dan Primack ·Aug 30, 2018
Moody’s yesterday stopped rating WeWork’s bonds, citing insufficient information. Word is that WeWork only originally contracted S&P and Fitch to rate the notes, but Moody’s initiated coverage anyway, based largely on the initial offering memorandum.

Axios Pro Rata: SurveyMonkey IPO — TrumpBook — WeWork loses a rater

Mar 13, 2018

Pagaya is a fintech company using machine learning and data analytics to reshape the asset management space. Armed with a unique technology platform

Pagaya Investments taps ex-BlackRock MD for CIO

PE Hub Network
March 5, 2018 By Iris Dorbian

New York and Tel Aviv-based Pagaya Investments, an asset manager, has hired Ed Mallon as chief investment officer, according to a source familiar with the firm. Mallon is a former managing director at BlackRock.

Artificial Intelligence Is Changing Banking and Wall Street. Here's What to Expect in 2019.

Feb. 08, 2019, by Toby Nwazor

New technologies have enabled tremendous evolution in the finance industry, especially over the past decade. Thanks to machine learning and artificial intelligence (AI), investors and consumers are getting access to more innovative tools, new types of financial products and a new potential for growth.

READ MORE>

Forbes