Pagaya

Pagaya

AI-driven asset management for institutions

About Pagaya

Simplify's Rating
Why Pagaya is rated
B
Rated B on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Fintech

AI & Machine Learning

Financial Services

Company Size

201-500

Company Stage

IPO

Headquarters

New York City, New York

Founded

2016

Overview

Pagaya specializes in managing institutional money through the use of artificial intelligence. The company focuses on the asset management market, particularly in creating asset-backed securities (ABS). Pagaya utilizes advanced machine learning and big data analytics to find profitable opportunities in complex financial markets. By collaborating with tech-enabled firms, it enhances the understanding of consumer behavior and its effects on credit markets. Revenue is generated through the issuance and management of ABS, which are overseen by AI, offering a distinct advantage to institutional investors. Unlike its competitors, Pagaya emphasizes a culture of collaboration and technological advancement, allowing it to quickly identify opportunities and develop comprehensive solutions. The company has demonstrated its effectiveness by issuing over $1 billion in ABS within just a year and a half.

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Funded Recently
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Simplify's Take

What believers are saying

  • Pagaya achieved its first AAA-rated Auto ABS deal in 2025.
  • Pagaya raised $1 billion in new ABS deals, showing strong market demand.
  • AI-driven credit risk models enhance Pagaya's ABS offerings.

What critics are saying

  • Integration of Tally Technologies' IP may lead to operational inefficiencies.
  • Rapid ABS issuance could increase financial risk if market conditions change.
  • AI model reliance may face regulatory scrutiny over transparency and accountability.

What makes Pagaya unique

  • Pagaya uses AI and big data to manage institutional money effectively.
  • Pagaya Pulse platform offers a scalable performance edge with state-of-the-art algorithms.
  • Pagaya's focus on ABS provides a unique value proposition to institutional investors.

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Funding

Total Funding

$8393.2M

Above

Industry Average

Funded Over

9 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Paid Vacation

Flexible Work Hours

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-3%

2 year growth

0%
Market Wire News
Jun 13th, 2025
PGY - Pagaya Achieves First AAA-Rated Auto ABS with $300...

Transaction marks first AAA-rated Auto deal and third ~$300 million Auto ABS deal of 2025 Over $5.5 billion of capital commitments raised this year to.

Business Wire
Apr 16th, 2025
Pagaya Prices ~$300 Million Auto ABS Transaction Demonstrating Strong Investor Confidence

Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecos...

Business Wire
Mar 14th, 2025
Pagaya Closes New AAA-Rated $500 Million Consumer Loan ABS Deal

Pagaya Technologies LTD. (NASDAQ: PGY) (

Business Wire
Feb 11th, 2025
Pagaya’s Strong Momentum Continues with Closing of $300 Million Auto Asset-Backed Securitization

Pagaya Technologies LTD. (NASDAQ: PGY) (

Business Wire
Dec 4th, 2024
Pagaya Expands Term Loan with Improved Terms and Additional Corporate Lending Partners

Pagaya Technologies LTD. (NASDAQ: PGY) (

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