On 2025‑10‑07 Pagaya Technologies Ltd. announced the closing of RPM 2025‑5, a $400 million asset‑backed securitization backed by auto loans originated through its network. The transaction was purchased by One William Street Capital Management, a New York‑based alternative investment manager, as a strategic funding partner.
The auto‑loan pool includes originations from top‑tier national lenders such as Ally, Westlake, and a top‑five auto captive. The deal underscores the attractiveness of Pagaya’s auto assets and supports the company’s strategy to grow its auto product offering.
With this transaction, Pagaya’s cumulative auto ABS issuance for 2025 reaches a record approximately $1.7 billion, surpassing any prior full‑year aggregate issuance. The deal also diversifies Pagaya’s funding infrastructure and bolsters its capital efficiency, reinforcing its position as a leading AI‑driven credit platform.
Since 2018, Pagaya has raised over $32 billion across 78 ABS transactions, and the new RPM 2025‑5 deal adds to that track record, demonstrating sustained investor confidence in its AI‑enabled consumer credit assets.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.