Pagaya Launches 2026 Capital Markets Activity with $800M Consumer Loan ABS

Pagaya Technologies LTD. (“Pagaya” or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced the closing of a $800 million AAA rated, personal loan ABS transaction (PAID 2026-1).

Read More on Fintech : Global Fintech Interview with Kristin Kanders, Head of Marketing & Engagement, Plynk App

A total of 32 unique investors participated in the personal loan securitization, with the majority returning from prior transactions. PAID 2026-1 garnered significant investor demand, allowing a 33% upsize from its initial $600 million target size, highlighting continued depth of demand in the consumer credit ABS market for Pagaya’s AI-enabled assets. Since 2018, Pagaya has issued more than $34.5 billion across 85 ABS transactions with over 150 institutional investors, supporting originations across personal loan, auto, and POS programs.

“This transaction reflects the steady demand we continue to see from institutional investors for well-structured consumer credit ABS,” said Sahil Chandiramani, Head of Capital Markets at Pagaya Technologies LTD. “Our programmatic issuance approach and the scale of our network allow us to access the securitization market in a consistent and disciplined manner across market environments. The investor participation and execution of this AAA-rated transaction support our ongoing ability to fund high-quality consumer credit assets as we move through 2026.”

Catch more Fintech Insights : When DeFi Protocols Become Self-Evolving Organisms

[To share your insights with us, please write to psen@itechseries.com ]