Pagaya Technologies LTD. announced the closing of PAID 2025-6, a $600 million asset-backed securitization (ABS) backed by consumer loans originated on the Pagaya network. This AAA-rated deal was upsized from an initial target of $500 million, reflecting strong investor confidence and demand.
This transaction brings the total amount raised to fund personal loans year-to-date to $4 billion, demonstrating Pagaya's consistent momentum across its ABS programs. The continued success in securing capital underscores the strength and efficacy of Pagaya's technology and network.
The oversubscribed nature of the deal highlights the market's appetite for Pagaya's robust, AI-enabled consumer credit assets. This consistent execution supports Pagaya's growth strategy and its ability to deliver value for both lending partners and investors.
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