Pagaya Closes New PAID Deal of $600 Million, Capping Record Quarter for ABS Issuance

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 a new $600 million AAA-rated asset-backed securitization (PAID 2025-4), funding personal loans originated through its proprietary network. This deal was oversubscribed and upsized, with 23 investors participating, including several repeat investors. This transaction follows th