Pagaya Closes 100th Asset-Backed Securitization with New $650 Million Auto ABS Deal
Business Wire•12/10/2026•08:30 ET
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Key Highlights
- ➤Pagaya closes $650 million auto-loan asset-backed securitization
- ➤Pagaya completes its 100th ABS transaction since 2018
- ➤Pagaya’s lifetime ABS issuance surpasses $44 billion across asset classes
- ➤Pagaya’s 2026 issuance exceeds $10 billion
- ➤Thirty-five investors participated, including five new RPM shelf investors
Expert Statements
Gal Krubiner, Co-Founder and Chief Executive Officer of Pagaya
“Closing our 100th ABS transaction is a testament to the trust our institutional partners place in Pagaya’s platform”
Gal Krubiner, Co-Founder and Chief Executive Officer of Pagaya
“Over the last eight years, we have intentionally built a robust capital engine powered by long-term committed capital and diversified funding sources.”
Gal Krubiner, Co-Founder and Chief Executive Officer of Pagaya
“This foundation allows us to scale with our lending partners while continuing to offer premier investors access to high-performing, AI-underwritten consumer assets.”
Pagaya Closes 100th Asset-Backed Securitization with New $650 Million Auto ABS Deal
* Landmark 100th ABS transaction brings Pagaya’s lifetime issuance to over $44 billion across asset classes
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