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 Technologies (NASDAQ: PGY) has announced the pricing of an upsized $500 million senior unsecured notes offering due 2030, increased from the initially planned $450 million due to strong demand. The notes will carry an interest rate of 8.875% payable semi-annually, with maturity set for August 1, 2030.
The notes offering, priced at 100% of principal amount, is expected to generate net proceeds of approximately $491 million after deducting costs. The company plans to use the proceeds primarily to repay existing credit facilities and approximately $100 million of outstanding secured borrowings, with the remainder allocated for general corporate purposes.
Pagaya Technologies (NASDAQ: PGY) has successfully closed a $400 million AAA-rated auto loan ABS transaction (RPM 2025-4), marking its fourth auto ABS deal of 2025. This latest deal brings Pagaya's total auto ABS issuance to $1.3 billion year-to-date and represents the company's 10th ABS transaction across all asset classes in 2025.
The oversubscribed transaction attracted 15 investors, including 6 new participants, demonstrating strong institutional demand for Pagaya's AI-driven credit assets. The diverse investor base comprised insurance companies, pension funds, investment managers, and hedge funds. The company has raised over $8.5 billion in capital commitments this year across its ABS and forward-flow programs, and has accumulated more than $30.2 billion across 74 ABS transactions since 2018.
Pagaya Technologies (NASDAQ: PGY) has announced that its subsidiary, Pagaya US Holding Company LLC, plans to offer $450 million in unsecured senior notes due 2030 through a private offering to qualified institutional buyers under Rule 144A.
The company will use the proceeds to repay all outstanding credit facilities, settle $75 million in secured borrowings, cover related expenses, and fund general corporate purposes. The notes will be guaranteed by Pagaya and its subsidiary guarantors on a senior unsecured basis.
The offering is limited to qualified institutional buyers who are also qualified purchasers under specific SEC regulations, and the notes will not be registered under the Securities Act.
Pagaya Technologies (NASDAQ: PGY), an AI infrastructure provider for the financial ecosystem, has announced preliminary Q2 2025 results that significantly exceed previous guidance. The company expects Network Volume of approximately $2.6 billion, Total Revenue of $326 million, GAAP Net Income of $17 million, and Adjusted EBITDA of $86 million.
The company is evaluating opportunities to optimize its balance sheet and reduce existing debt costs to support growth and profitability. Notably, Pagaya has confirmed it does not plan to issue any equity or equity-linked instruments in the foreseeable future. The final Q2 2025 results will be reported on August 7, 2025.
Pagaya Technologies (NASDAQ: PGY) has announced a new forward flow agreement with Castlelake for the purchase of up to $2.5 billion in personal loan assets over a 16-month period. This new agreement doubles the size of their previous $1 billion partnership from 2024.
The deal strengthens Pagaya's funding infrastructure, with approximately $5 billion of expected capacity across its forward flow partnerships. The company's AI-driven platform provides credit services across three verticals: personal loans, auto loans, and point of sale (POS), enabling efficient, scaled investment opportunities for Castlelake investors.
Pagaya Technologies (NASDAQ: PGY) has scheduled its second quarter 2025 earnings announcement for August 7, 2025. The company will host a conference call to discuss the results on the same day at 8:30 a.m. ET / 3:30 p.m. IDT.
Investors can access the live webcast presentation through Pagaya's investor relations website at investor.pagaya.com. A replay of the webcast will be made available on the IR website after the event concludes.
Pagaya Technologies Ltd. (PGY), an AI-driven financial technology solutions provider, has announced its management team's participation in three upcoming investor conferences in June 2025. The company will attend the Benchmark Virtual FinTech Conference on June 5 (virtual), the Morgan Stanley US Financials, Payments, CRE Conference on June 10 in New York, and the Mizuho Tech Conference on June 11 in New York.
Pagaya Technologies (NASDAQ: PGY) has launched POSH (Pagaya Point of Sale Holdings Trust), a new asset-backed revolving securitization program for point-of-sale financing. The inaugural transaction, POSH 2025-1, is a $300 million AAA-rated deal with an 18-month revolving period, expected to close next week.
The program combines increased funding capacity with Pagaya's AI-driven underwriting technology, optimized for loans with shorter durations (typically six months) and credit profiles in the 600+ range. The revolving structure allows capital reinvestment as loans are repaid, expanding lending capacity beyond $1 billion.
Year-to-date, Pagaya has executed over $2.8 billion in rated ABS deals and has raised nearly $29 billion across 71 ABS transactions since inception. The POSH 2025-1 transaction attracted over 20 unique investors, including both new and repeat participants.