{"success":true,"data":{"pressRelease":{"id":"166363","rtpr_id":"nBw8ptLsma-20261012","ticker":"PGY","exchange":"NASDAQ","all_tickers":["PGY"],"title":"Pagaya Closes 100th Asset-Backed Securitization with New $650 Million Auto ABS Deal","author":"Business Wire","published_at":"2026-10-12T12:30:00.123Z","article_body":"Pagaya Closes 100th Asset-Backed Securitization with New $650 Million Auto ABS\nDeal\n\n\n * Landmark 100th ABS transaction brings Pagaya’s lifetime issuance to over $44\nbillion across asset classes\n\nPagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”), a global technology\ncompany delivering AI-driven product solutions for the financial ecosystem,\ntoday announced the closing of RPM 2026-5, a $650 million asset-backed\nsecuritization backed by auto loans. This landmark transaction represents\nPagaya's 100th ABS deal since the Company's first securitization in 2018.\n\nSince 2018, Pagaya has raised over $44 billion to fund loan originations\nacross multiple asset classes, including personal loans, auto loans and\npoint-of-sale loans. The Company continues to demonstrate its market\nleadership as the primary ABS issuer of consumer unsecured loans in the U.S.,\nwith a diversified investor base and strong demand for its securitizations.\n\n“Closing our 100th ABS transaction is a testament to the trust our\ninstitutional partners place in Pagaya's platform,” said Gal Krubiner,\nCo-Founder and Chief Executive Officer of Pagaya. “Over the last eight\nyears, we have intentionally built a robust capital engine powered by\nlong-term committed capital and diversified funding sources. This foundation\nallows us to scale with our lending partners while continuing to offer premier\ninvestors access to high-performing, AI-underwritten consumer assets.”\n\nThirty-five unique investors participated, including five new investors to\nPagaya’s RPM shelf. The deal brings Pagaya’s total issuance this year to\nover $10 billion and its lifetime ABS issuance to over $44 billion.\n\nFor future updates on Pagaya’s ABS issuance, please visit Pagaya’s Capital\nMarkets page\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fpagaya.com%2Fcapital-markets&esheet=54618721&newsitemid=20261012073893&lan=en-US&anchor=Pagaya%26%238217%3Bs+Capital+Markets+page&index=1&md5=cf0f58fc48dde8070c77dd3be3d2d487)\nor Investor Website\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Finvestor.pagaya.com%2F&esheet=54618721&newsitemid=20261012073893&lan=en-US&anchor=Investor+Website&index=2&md5=ceda1268baf5497fc9d98f51cfd8833f)\n.\n\nAbout Pagaya Technologies\n\nPagaya (NASDAQ: PGY) is a global technology company making life-changing\nfinancial products and services available to more people nationwide, as it\nreshapes the financial services ecosystem. By using machine learning, a vast\ndata network and an AI-driven approach, Pagaya provides consumer credit and\nother products for its partners, their customers, and investors. Its\nproprietary API and capital solutions integrate into its network of partners\nto deliver seamless user experiences and greater access to the mainstream\neconomy. For more information, visit pagaya.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fpagaya.com&esheet=54618721&newsitemid=20261012073893&lan=en-US&anchor=pagaya.com&index=3&md5=c8d7f3ac4cf41aa7b07053de3b6c26bf)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261012073893/en/\n(https://www.businesswire.com/news/home/20261012073893/en/)\n\nPagaya Contacts\n\nInvestors & Analysts\n\nir@pagaya.com (mailto:ir@pagaya.com)\n\nMedia & Press\n\npress@pagaya.com (mailto:press@pagaya.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw8ptLsma-20261012","title":"Pagaya Closes 100th Asset-Backed Securitization with New $650 Million Auto ABS Deal","author":"Business Wire","ticker":"PGY","created":"2026-10-12T12:30:00.123Z","tickers":["PGY"],"exchange":"NASDAQ","article_body":"Pagaya Closes 100th Asset-Backed Securitization with New $650 Million Auto ABS\nDeal\n\n\n * Landmark 100th ABS transaction brings Pagaya’s lifetime issuance to over $44\nbillion across asset classes\n\nPagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”), a global technology\ncompany delivering AI-driven product solutions for the financial ecosystem,\ntoday announced the closing of RPM 2026-5, a $650 million asset-backed\nsecuritization backed by auto loans. This landmark transaction represents\nPagaya's 100th ABS deal since the Company's first securitization in 2018.\n\nSince 2018, Pagaya has raised over $44 billion to fund loan originations\nacross multiple asset classes, including personal loans, auto loans and\npoint-of-sale loans. The Company continues to demonstrate its market\nleadership as the primary ABS issuer of consumer unsecured loans in the U.S.,\nwith a diversified investor base and strong demand for its securitizations.\n\n“Closing our 100th ABS transaction is a testament to the trust our\ninstitutional partners place in Pagaya's platform,” said Gal Krubiner,\nCo-Founder and Chief Executive Officer of Pagaya. “Over the last eight\nyears, we have intentionally built a robust capital engine powered by\nlong-term committed capital and diversified funding sources. This foundation\nallows us to scale with our lending partners while continuing to offer premier\ninvestors access to high-performing, AI-underwritten consumer assets.”\n\nThirty-five unique investors participated, including five new investors to\nPagaya’s RPM shelf. The deal brings Pagaya’s total issuance this year to\nover $10 billion and its lifetime ABS issuance to over $44 billion.\n\nFor future updates on Pagaya’s ABS issuance, please visit Pagaya’s Capital\nMarkets page\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fpagaya.com%2Fcapital-markets&esheet=54618721&newsitemid=20261012073893&lan=en-US&anchor=Pagaya%26%238217%3Bs+Capital+Markets+page&index=1&md5=cf0f58fc48dde8070c77dd3be3d2d487)\nor Investor Website\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Finvestor.pagaya.com%2F&esheet=54618721&newsitemid=20261012073893&lan=en-US&anchor=Investor+Website&index=2&md5=ceda1268baf5497fc9d98f51cfd8833f)\n.\n\nAbout Pagaya Technologies\n\nPagaya (NASDAQ: PGY) is a global technology company making life-changing\nfinancial products and services available to more people nationwide, as it\nreshapes the financial services ecosystem. By using machine learning, a vast\ndata network and an AI-driven approach, Pagaya provides consumer credit and\nother products for its partners, their customers, and investors. Its\nproprietary API and capital solutions integrate into its network of partners\nto deliver seamless user experiences and greater access to the mainstream\neconomy. For more information, visit pagaya.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fpagaya.com&esheet=54618721&newsitemid=20261012073893&lan=en-US&anchor=pagaya.com&index=3&md5=c8d7f3ac4cf41aa7b07053de3b6c26bf)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261012073893/en/\n(https://www.businesswire.com/news/home/20261012073893/en/)\n\nPagaya Contacts\n\nInvestors & Analysts\n\nir@pagaya.com (mailto:ir@pagaya.com)\n\nMedia & Press\n\npress@pagaya.com (mailto:press@pagaya.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-10-12T12:30:00.180120167Z","server_sent_at_ms":1791808200180},"received_at":"2026-10-12T12:30:00.299Z","source_url":"https://www.businesswire.com/news/home/20261012073893/en/"},"analysis":{"id":"154730","press_release_id":"166363","analysis_json":{"industry":{"label":"Consumer Finance","sector":"Financials"},"redFlags":[],"eventType":"debt_offering","narrative":"Pagaya closed its 100th asset-backed securitization, a $650 million auto loan ABS known as RPM 2026-5.\n\nLifetime issuance since 2018 now exceeds $44 billion, with over $10 billion raised this year across personal, auto, and point-of-sale loan asset classes.\n\nThirty-five unique investors participated, including five new investors to the RPM shelf, underscoring continued institutional demand for Pagaya's AI-underwritten consumer assets.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Funding-engine milestone: 100th ABS and $44B lifetime issuance signals durable capital access for Pagaya's network model."},"keyFigures":{"dealValueUsd":650000000,"customDimensions":{"deal_name":"RPM 2026-5","deal_number":100,"ytd_issuance":"$10 billion","new_investors":5,"lifetime_abs_issuance":"$44 billion"}},"quotedText":"Closing our 100th ABS transaction is a testament to the trust our institutional partners place in Pagaya's platform","namedEntities":{"people":[{"name":"Gal Krubiner","role":"Co-Founder and CEO"}],"products":["RPM 2026-5"],"companies":[{"name":"Pagaya Technologies Ltd.","ticker":"PGY","relationship":"filer/issuer"}],"dollarAmounts":[{"amount":"$650 million","context":"auto loan asset-backed securitization (RPM 2026-5)"},{"amount":"$44 billion","context":"lifetime ABS issuance since 2018"},{"amount":"$10 billion","context":"total ABS issuance this year"}]},"materialImpact":{"score":2,"reasoning":"Routine but positive securitization milestone — a $650M auto ABS closing that demonstrates continued investor demand and funding access. Not an earnings surprise, M&A, or binary event."},"tickerRelevance":{"others":[],"primary":"PGY"},"globalImportance":22,"audienceRelevance":20,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"mid-cap fintech","eventGravity":"routine securitization milestone","issuerAuthored":true}},"event_type":"debt_offering","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":2,"narrative":"Pagaya closed its 100th asset-backed securitization, a $650 million auto loan ABS known as RPM 2026-5.\n\nLifetime issuance since 2018 now exceeds $44 billion, with over $10 billion raised this year across personal, auto, and point-of-sale loan asset classes.\n\nThirty-five unique investors participated, including five new investors to the RPM shelf, underscoring continued institutional demand for Pagaya's AI-underwritten consumer assets.","key_figures":{"dealValueUsd":650000000,"customDimensions":{"deal_name":"RPM 2026-5","deal_number":100,"ytd_issuance":"$10 billion","new_investors":5,"lifetime_abs_issuance":"$44 billion"}},"named_entities":{"people":[{"name":"Gal Krubiner","role":"Co-Founder and CEO"}],"products":["RPM 2026-5"],"companies":[{"name":"Pagaya Technologies Ltd.","ticker":"PGY","relationship":"filer/issuer"}],"dollarAmounts":[{"amount":"$650 million","context":"auto loan asset-backed securitization (RPM 2026-5)"},{"amount":"$44 billion","context":"lifetime ABS issuance since 2018"},{"amount":"$10 billion","context":"total ABS issuance this year"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-12T12:30:06.603Z","global_importance":22,"audience_relevance":20,"importance_components":{"tickerTier":"mid-cap fintech","eventGravity":"routine securitization milestone","issuerAuthored":true}},"durationMs":6273,"modelName":"glm-5.3-flashx"}}