Welcome to our dedicated page for Pagaya Technologies Ltd. news (Ticker: $PGY), a resource for investors and traders seeking the latest updates and insights on Pagaya Technologies Ltd. stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pagaya Technologies Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pagaya Technologies Ltd.'s position in the market.
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Pagaya Technologies Ltd. announces participation in upcoming investor conferences, including The Citizens JMP Technology Conference and Wolfe FinTech Forum 2024. A webcast replay will be available on the Pagaya investor relations website.
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3.38%
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Pagaya Technologies Ltd. (PGY) reports record network volume, total revenue, and adjusted EBITDA for 4Q’23 and FY’23. The company expanded its lending network, raised $6.6 billion in ABS, and achieved positive adjusted net income. Pagaya provides financial outlook for 1Q’24 and FY’24, aiming for continued growth and profitability.
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6.15%
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Pagaya Technologies LTD. (NASDAQ: PGY) announces the closing of its 49th asset-backed securitization (ABS), PAID 2024-2, totaling $396 million. The transaction reflects strong investor demand and market confidence in Pagaya's AI-driven financial solutions. With over $20 billion raised in ABS transactions since 2018, Pagaya remains a key player in the Consumer ABS market.
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Pagaya Technologies Ltd. (PGY) appoints Evangelos Perros as the Chief Financial Officer (CFO) after his successful tenure as Interim CFO. Perros brings over 25 years of industry experience and has led the finance organization, including securing a $280 million credit facility. The company's co-founder and CEO, Gal Krubiner, expresses full confidence in Perros' ability to drive Pagaya's financial and capital strategy forward.
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Pagaya Technologies LTD. (NASDAQ: PGY) announced the closing of a credit facility with participation from top global asset managers and financial institutions, including BlackRock, UBS O’Connor, JPMorgan Chase, Valley Bank, and Israel Discount Bank. The facility consists of a $255 million term loan and a $25 million revolver, providing capital and liquidity for future growth and extending corporate debt maturity to 2029. The company also secured new lending partners and pre-announced strong full-year 2023 financial performance, with Network Volume exceeding $8.2 billion and Adjusted EBITDA exceeding $75 million.
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-0.9%
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Pagaya Technologies LTD. (NASDAQ: PGY) announced the closing of PAID 2024-1, its 48th asset-backed securitization (ABS), raising $396 million of notes backed by personal loans. The company has raised over $20 billion in ABS transactions since 2018 and remains the number one personal loan ABS issuer by issuance size in the U.S. The transaction reflects strong investment demand coming into 2024, with 40 unique investors participating, the majority of whom were repeat investors. Pagaya's Chief Capital Officer, Paul Limanni, expressed confidence in the company's track record of success and the meaningful reduction in average spread across the capital structure.
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-1.74%
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Pagaya Technologies (NASDAQ: PGY) is set to announce its fourth quarter 2023 earnings on February 21, 2024. A conference call to discuss the earnings will be held on the same day at 8:30 a.m. ET / 3:30 p.m. IDT. Details for the live webcast presentation and dial-in information will be available on Pagaya's IR website. The webcast replay will also be accessible on the IR website after the event.
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-4.31%
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Pagaya Technologies Ltd. announced its participation in the 26th Annual Needham Growth Conference on January 17, 2024, in New York, NY. The management team will present at 4:30 PM ET, and a live webcast and replay will be available on the Pagaya investor relations website.
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-4.31%
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Pagaya Technologies Ltd. (NASDAQ: PGY) announces plans to voluntarily file on U.S. domestic issuer forms with the SEC and relocate its global headquarters to New York City. The company also plans for a reverse split of its ordinary shares expected in Q1 2024. Preliminary full-year 2023 financial results are expected to exceed outlook ranges, with Network Volume, Total Revenue, and Adjusted EBITDA performing well.
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10.48%
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Lessen (NASDAQ: PGY) partners with Darwin Homes, Inc. to create a centralized repair and maintenance platform, signaling a pivotal shift in the real estate landscape. The partnership aims to bring tremendous value to the market by leveraging innovative technology for single-family residential property management.
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-5.52%
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Pagaya Technologies Ltd.
Nasdaq:PGY
PGY Rankings
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728.76M
41.73M
20.42%
32.33%
2.57%
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