Pagaya Technologies Closes $500 Million Personal Loan ABS Deal
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Pagaya Technologies Ltd. has closed a $500 million asset-backed securitization (ABS) deal backed by consumer loans. This marks the eighth PAID deal of the year, raising Pagaya's total ABS funding to $5.4 billion. The transaction saw participation from 74 unique investors, highlighting strong demand. The news was generated by Public Technologies using AI and is for informational purposes only.
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