Pagaya Announces New $500 Million Personal Loan ABS Transaction, Underscoring Strong 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 2025-8, a $500 million asset-backed securitization (ABS) backed by consumer loans originated on the Pagaya network. The AAA-rated transaction brings Pagaya’s total amount raised via ABS to fund personal loans year-to-date to approximately $5.4 billion. This is the eighth