Welcome to our dedicated page for Pagaya Technologies news (Ticker: PGY), a resource for investors and traders seeking the latest updates and insights on Pagaya Technologies stock.
Pagaya Technologies Ltd. develops AI-driven product solutions for the financial ecosystem, using machine learning, a data network, proprietary API integrations and capital solutions to support consumer credit products for partners, their customers and investors. Its recurring developments include lender and marketplace partnerships, embedded decisioning tools, personal loan and point-of-sale financing integrations, and updates on product adoption across its partner network.
Pagaya news also covers quarterly financial results, capital markets activity and asset-backed securitization transactions tied to personal loan, auto and point-of-sale programs. Additional company updates include investor events, senior leadership changes and disclosures related to funding strategy and disciplined risk management.
Pagaya (NASDAQ:PGY) closed RPM 2026-3, an upsized $600 million auto asset-backed securitization, its largest auto ABS to date and third fully pre-funded auto ABS of 2026.
This brings 2026 pre-funded auto ABS to $1.5 billion, with 28 investors and growing platform participation.
Pagaya Technologies (NASDAQ: PGY) appointed former Citi managing director Terry O’Neil as Chief Commercial Officer. He will lead partnership and growth functions, scaling Pagaya’s enterprise commercial operations and deepening product adoption among major U.S. consumer lenders.
O’Neil brings 20+ years of consumer financial services and payments experience from multiple senior roles at Citi.
Pagaya (NASDAQ: PGY) announced a strategic affiliate partnership with Experian to integrate Pagaya’s AI-driven lending technology into Experian Marketplace, which is accessible to over 80 million Experian members.
The collaboration uses Experian’s AI-enabled Activate platform to deliver real-time underwriting recommendations, help lenders identify qualified personal loan applicants across the credit spectrum, and broaden responsible access to credit. Pagaya’s model is powered by insights from over $1 trillion in annual loan applications, enhancing its data network and supporting more inclusive lending opportunities for U.S. consumers.
Pagaya (NASDAQ: PGY) named Chief Strategy Officer Jonathan Dobres as Chief Financial Officer, effective June 15, 2026, succeeding Evangelos Perros. Perros will remain in his CFO role until June 15, 2026 and serve as Strategic Executive Advisor through December 31, 2026. Dobres joined Pagaya in 2021; Perros led Pagaya finance for 4.5 years. The company also announced its Q1 2026 results and published a shareholder letter on its website.
Pagaya (NASDAQ: PGY) reported 1Q26 results: $25M GAAP net income, $94M Adjusted EBITDA, $318M revenue, and $2.6B network volume. Company raised FY26 net income guidance to $110M–$160M and expects FY26 network volume of $11.45B–$13B. CFO transition effective June 15; outgoing CFO to serve as strategic advisor through December 31.
Key achievements include $2.1B ABS funding across four transactions, first AAA Fitch rating on a $368M resecuritization, and onboarding four partners year-to-date.
Pagaya (NASDAQ: PGY) closed an upsized $800 million AAA-rated personal loan ABS transaction (PAID-2026-3), over 30% larger than the initial target.
The upsized deal involved 33 unique investors, added three new investors, and lifts Pagaya’s year-to-date personal loan ABS issuance to ~$3 billion, bringing total issuance since 2018 to nearly $38 billion across 89 ABS transactions.
Pagaya (NYSE:PGY) announced management will participate in three investor conferences in May 2026: Oppenheimer 27th Annual Israeli Conference on May 18, 2026 in Tel Aviv, Barclays 30th Annual Leveraged Finance Conference on May 19, 2026 in Austin, and B. Riley Annual Investor Conference on May 20, 2026 in Los Angeles.
The presentations offer opportunities for investor updates and management Q&A.
Pagaya (NASDAQ: PGY) announced a partnership with Sezzle (NASDAQ: SEZL) to embed Pagaya’s AI underwriting at the point of sale. Sezzle customers can access an installment loan issued by WebBank while preserving Sezzle’s checkout experience. Merchants may see higher approval rates and larger baskets.
Pagaya highlights simultaneous decisioning and integration aimed at extending spending capacity and longer-term financing without added operational friction.
Pagaya (NASDAQ: PGY) closed RPM-2026-2, a $500 million auto asset-backed securitization, the largest auto ABS in Pagaya history. The RPM shelf is in its seventh year and has attracted 16 unique investors, mostly repeat participants. Pagaya reported >$3.5 billion raised year-to-date for its ABS program and >$37 billion raised across 88 ABS transactions since 2018.
The transaction underscores continued institutional demand for Pagaya’s auto collateral and its role funding loan originations across personal loan, point-of-sale, and auto products.
Pagaya (NASDAQ: PGY) closed PAID-2026-R2, a $368 million personal loan resecuritization and the PAID program’s first transaction rated by Fitch.
The deal, the fifth PAID resecuritization, drew 21 unique investors and adds a second major rating to support secondary market liquidity and capital access.