Welcome to our dedicated page for Pagaya Technologies news (Ticker: PGY), a resource for investors and traders seeking the latest updates and insights on Pagaya Technologies stock.
Pagaya Technologies Ltd. develops AI-driven product solutions for the financial ecosystem, using machine learning, a data network, proprietary API integrations and capital solutions to support consumer credit products for partners, their customers and investors. Its recurring developments include lender and marketplace partnerships, embedded decisioning tools, personal loan and point-of-sale financing integrations, and updates on product adoption across its partner network.
Pagaya news also covers quarterly financial results, capital markets activity and asset-backed securitization transactions tied to personal loan, auto and point-of-sale programs. Additional company updates include investor events, senior leadership changes and disclosures related to funding strategy and disciplined risk management.
Pagaya (NASDAQ: PGY) closed an upsized $900 million AAA-rated personal loan asset-backed securities (ABS) transaction, PAID 2026-5, described as one of the largest deals in its history and its largest personal loan ABS since 2022.
The transaction attracted 37 unique investors, including four new investors to Pagaya’s broader ABS platform and five new investors to its PAID shelf. According to Pagaya, the upsized deal lifts year-to-date personal loan ABS issuance to $4.7 billion and total 2026 issuance to a record $7.5 billion, highlighting expanded capital markets access for its AI-driven personal loan platform.
Pagaya Technologies (NASDAQ: PGY) announced that Fitch Ratings revised the rating outlook for Pagaya and its wholly owned subsidiary, Pagaya US Holding Company LLC, to Positive from Stable, effective July 15, 2026. Fitch also affirmed Pagaya’s Long-Term Issuer Default Ratings and senior unsecured debt ratings at ‘B’.
According to Pagaya, Fitch’s Positive outlook reflects Pagaya’s recent momentum in profitability, reduced leverage and expanded interest coverage, which met Fitch’s upgrade triggers, and Fitch indicated ratings could be upgraded if this improved profile is sustained.
Pagaya Technologies (NASDAQ: PGY) announced that its management team will participate in the CG 46th Annual Growth Conference on August 11, 2026, in Boston, MA. A live webcast of a fireside discussion is scheduled for 4:30 p.m. ET on the same day, with online registration required to listen.
Pagaya (NASDAQ: PGY) closed RPM 2026-4, an upsized $750 million auto asset-backed securitization (ABS), its largest auto ABS deal to date. This is Pagaya’s fourth fully pre-funded auto ABS transaction of 2026, bringing total pre-funded auto ABS volume this year to $2.25 billion.
The deal includes Pagaya’s first excess spread tranche, aimed at optimizing cash flow distribution and capturing residual returns. According to Pagaya, 41 investors took part, including six new investors to its broader ABS platform and seven new investors to its auto ABS shelf. Since 2018, Pagaya has raised over $40 billion across 92 ABS transactions.
Pagaya (NASDAQ: PGY) will release its second quarter 2026 earnings on July 30, 2026. On the same day, management will host a conference call at 8:30 a.m. ET / 3:30 p.m. IST, with a live webcast and replay available via the company’s investor relations website.
Pagaya (NASDAQ: PGY) closed an upsized $800 million AAA-rated personal loan ABS transaction, PAID 2026-4. The deal included 39 investors and lifts 2026 year-to-date personal loan ABS issuance to nearly $4 billion.
Total 2026 ABS volume in personal and auto loans is over $5.5 billion, while Pagaya’s lifetime issuance since 2018 reached $40 billion across 91 ABS deals with backing from more than 165 institutional investors. Collateral includes loans from new partners Upstart and Achieve.
Pagaya (NASDAQ: PGY) announced an expansion of its long-term partnership with Upgrade, integrating Pagaya’s AI-driven credit decisioning into Flex Pay, Upgrade’s Buy Now, Pay Later point-of-sale solution.
The collaboration extends beyond personal loans into a new asset class, initially targeting travel merchants and enabling Flex Pay financing for a broader range of customers at checkout.
Pagaya (PGY) announced that its management team will join two June 2026 investor conferences in New York.
Executives will participate in the Morgan Stanley US Financials Conference on June 9 and the Mizuho Technology Conference on June 10, each featuring a live webcast fireside discussion.
Pagaya (NASDAQ:PGY) closed RPM 2026-3, an upsized $600 million auto asset-backed securitization, its largest auto ABS to date and third fully pre-funded auto ABS of 2026.
This brings 2026 pre-funded auto ABS to $1.5 billion, with 28 investors and growing platform participation.
Pagaya Technologies (NASDAQ: PGY) appointed former Citi managing director Terry O’Neil as Chief Commercial Officer. He will lead partnership and growth functions, scaling Pagaya’s enterprise commercial operations and deepening product adoption among major U.S. consumer lenders.
O’Neil brings 20+ years of consumer financial services and payments experience from multiple senior roles at Citi.