Pagaya Technologies Ltd. has announced the closing of a $350 million asset-backed securitization (ABS) transaction, named PAID 2025-REV1, backed by consumer loans originated on the Pagaya network. This inaugural revolving ABS structure, completed in partnership with affiliates of 26 North Partners LP, features a 24-month revolving period and is designed for insurance capital and asset managers. The structure allows for reinvestment as loans are repaid, with the total transaction funding capacity reaching up to $700 million over the life of the deal.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pagaya Technologies Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260116170564) on January 16, 2026, and is solely responsible for the information contained therein.
Comments