Pagaya Technologies Closes PAID 2025-8, $500M Asset-Backed Securitization Backed By Consumer Loans Originated On Pagaya Network
Benzinga Newsdesk 11 months ago
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Eighth PAID deal of 2025 highlights investor confidence in Pagaya's platform and performance across consumer marketsOver $8 billion of capital commitments raised year-to-date to fund all asset classes across Pagaya's ABS
- Eighth PAID deal of 2025 highlights investor confidence in Pagaya's platform and performance across consumer markets
- Over $8 billion of capital commitments raised year-to-date to fund all asset classes across Pagaya's ABS programs
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.