PGY News & Events

Pagaya Technologies announced the closing of RPM-2026-2, a $500M auto asset-backed securitization. Pagaya's RPM shelf, now in its seventh year, continues to be a trusted source of high-quality collateral serviced by the country's top auto lenders. Sixteen unique investors participated in this transaction, the majority of whom were repeat investors.

Pagaya Technologies announced the closing of its latest PAID resecuritization transaction, PAID-2026-R2, totaling $368M. Notably, this marks the program's first transaction to be rated by Fitch Ratings. The deal garnered demand from 21 unique investors, with the majority returning from prior transactions. This is the fifth PAID resecuritization transaction, a program that was designed for investors seeking seasoned personal loan collateral with an established performance history. The addition of Fitch serves as an additional independent validation of the platform's credit strength, underpinned by the rigorous, multi-layered due diligence processes required by the rating agencies.

Pagaya Technologies announced the closing of a $600M AAA rated, personal loan ABS transaction. A total of 27 unique investors participated in the personal loan securitization, with the majority returning from prior transactions, and despite recent market volatility 4 new investors who have not previously participated in Pagaya's PAID platform. Since 2018, Pagaya has issued more than $36B cross 86 ABS transactions with over 165 institutional investors, supporting originations across personal loan, auto, and POS programs.

Pagaya Technologies announced the closing of its first-ever auto resecuritization transaction, RPM-2026-R1 closing at ~$450M. Following the success of Pagaya's personal loan resecuritization program, this transaction launches the RPM-R shelf, designed for investors seeking seasoned auto collateral with an established performance history. By providing access to a pool of diversified auto assets with 24 months of seasoning, this format provides investors with a "de-risked" entry point into the company's auto loan ecosystem and diversifies its investor base. The transaction saw participation from 17 unique investors.