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Pagaya Closes 24-Month $460 Million Revolving Personal Loan Facility

Business Wire22/09/202608:30 ET
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Pagaya Closes 24-Month $460 Million Revolving Personal Loan Facility

* The transaction features a 24-month revolving period, furthering Pagaya’s long-term, committed capital strategy Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of PAID 2026-REV1, the Company’s second revolving structure this year. Backed by consumer loans originated on the Pagaya network, the transaction will close at an initial size of $460 million and will deploy approximately $850 million in total capital over a 24-month revolving period.

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