PAGAYA TECHNOL-A

Pagaya Technologies is improving its financial health by writing off bad loans from 2021-2023 and expects GAAP profitability by 2025. The company reported record network volume and revenue growth, with improved credit underwriting and funding diversification boosting investor confidence. Despite past write-offs, Pagaya's enhanced AI-driven underwriting model and strong funding partnerships position it for significant upside in a stable macro environment.» Mehr auf seekingalpha.com

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $500 million AAA-rated personal loan ABS transaction (PAID 2025-2). Since 2018, Pagaya has raised over $27 billion across 67 ABS transactions to fund loan originations across multiple products, including personal loan and auto. “As the leading ABS issuer of personal loans in.» Mehr auf businesswire.com

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 11 classes of notes issued by Pagaya AI Debt Grantor Trust 2025-2 and Pagaya AI Debt Trust 2025-2 (collectively “PAID 2025-2”), an unsecured consumer loan ABS transaction. PAID 2025-2 has initial hard credit enhancement levels of 84.75% for the Class A-1 Notes to 3.36% for the Class F Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F Notes), a cash reserve account funded at closin.» Mehr auf businesswire.com