Pagaya Technologies, a technology company delivering AI-based product solutions for the financial ecosystem, announced the closing of a new $500 million AAA-rated personal loan ABS transaction (PAID 2025-3), with a total of about $800 million raised in the past 3 days across all ABS transactions.
Pagaya’s record of consistently delivering for investors made it a trusted provider of consumer credit investment opportunities through market cycles. And despite current market uncertainty, PAID 2025-3 was oversubscribed with a total of 32 unique investors participating, the majority of which were repeat investors.
Since its founding, Pagaya has raised over $28 billion across 69 ABS transactions to fund loan originations across multiple products, including personal loan and auto. And the company continues to be the number one ABS issuer of personal loans in the U.S.
Pagaya makes life-changing financial products and services available to more people nationwide as it reshapes the financial services ecosystem. And b using machine learning, a vast data network and an AI-driven approach, Pagaya offers comprehensive consumer credit and residential real estate products for its partners, their customers, and investors. The company’s proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in New York and Tel Aviv.
KEY QUOTES:
“As the benchmark issuer of consumer loan ABS for U.S. capital markets, we continue to deliver efficient execution even in the substantial market dislocation of these past two weeks. Investors continue to look to Pagaya as a place to deploy capital and earn attractive returns.”
Sahil Chandiramani, Pagaya’s Head of Capital Markets
