Pagaya Technologies Ltd. - Class A Ordinary Shares (PGY)

Pagaya Technologies Ltd. (NASDAQPGY) (“Pagaya”, the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced financial results for the fourth quarter and full year 2024.

Pagaya Technologies LTD. (NASDAQPGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $300 million AA-rated auto loan ABS transaction (RPM 2025-1).

Pagaya Technologies LTD. (NASDAQPGY) (“Pagaya” or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced a new forward flow agreement with funds managed by Blue Owl Capital (“Blue Owl”) to purchase up to $2.4 billion in consumer loans through the Pagaya network over a 24-month period.

Pagaya Technologies LTD. (NASDAQPGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $600 million AAA-rated personal loan ABS transaction (PAID 2025-1).

Pagaya Technologies (NASDAQPGY) intends to announce its fourth quarter 2024 earnings on February 13, 2025. A conference call to discuss those earnings will be held on the same day at 8:30 a.m. ET / 3:30 p.m. IST.

Pagaya Technologies Ltd. (“Pagaya”) (NASDAQPGY), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, announced today the appointment of two new independent directors to the Company's Board of Directors - Asheet Mehta and Alison Davis.

Pagaya Technologies LTD. (NASDAQPGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $600 million AAA-rated personal loan ABS transaction (PAID 2024-11) and expects to close an additional $100 million pass-through transaction (PT 2024-2) next week.

Pagaya Technologies LTD. (NASDAQPGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the completion of its previously-announced $100 million term loan upsize, with an additional $28 million of funding provided by Canadian Imperial Bank of Commerce (CIBC) and Bank of Montreal (BMO). The two banks also funded a $15 million expansion of Pagaya’s revolving credit facility. Additionally, the Company completed its previously-announced sale of $100 million of balance sheet securities, executed at a premium to the securities’ carrying value.

Pagaya Technologies Ltd. (NASDAQPGY) (“Pagaya”, the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced financial results for the third quarter and nine months ended 2024.

Pagaya Technologies LTD. (NASDAQPGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of PAID 2024-10 and RPM 2024-3, totaling $1 billion in size across both deals. This represents the Company’s fourth AAA-rated personal loan ABS transaction and its first AA-rated auto ABS transaction.

Pagaya Technologies Ltd. (“Pagaya” or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced today that the Company’s management team will participate in the following investor conferences:

Pagaya Technologies LTD. (NASDAQPGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the completion of its acquisition of Theorem Technology, Inc. (“Theorem”), a machine-learning underwriting technology company that has powered billions of dollars of credit across its network since its founding in 2014.

Pagaya Technologies (NASDAQPGY) intends to announce its third quarter 2024 earnings on November 12, 2024. A conference call to discuss those earnings will be held on the same day at 8:30 a.m. ET / 3:30 p.m. IST.

Pagaya CEO Gal Krubiner will moderate a rich discussion with Citi Retail Services' Head of Connected Commerce and Strategic Growth Terry O’Neil, Jefferies Global Investment Banking Co-Head Andrea Lee, and Milken Institute Fintech Director Nicole Valentine on stage at the Money20/20 conference in Las Vegas on Tuesday, October 29 at 10:05 AM local time.

LendingClub Corporation (NYSELC), operator of America’s leading digital marketplace bank, and Pagaya Technologies LTD NASDAQ: PGYNASDAQPGY)

Pagaya Technologies LTD. (NASDAQPGY) (“Pagaya” or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced that its wholly owned subsidiary, Pagaya US Holding Company LLC (“Pagaya US”), priced its offering of $140 million aggregate principal amount of exchangeable senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $125 million aggregate principal amount of notes as a result of strong demand on the offering. The issuance and sale of the notes is scheduled to settle on October 1, 2024, subject to customary closing conditions. Pagaya US also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $20 million principal amount of notes.

Pagaya Technologies LTD. (NASDAQPGY) (“Pagaya” or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced that its wholly owned subsidiary, Pagaya US Holding Company LLC (“Pagaya US”), intends to offer, subject to market and other conditions, $125 million aggregate principal amount of exchangeable senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Pagaya US also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $18.75 million principal amount of notes.

Pagaya Technologies LTD. (NASDAQPGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of PAID 2024-9.

Pagaya Technologies LTD. (NASDAQPGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the appointment of Josh Fagen, CFA, as Head of Investor Relations and COO of Finance. In this role, Fagen will oversee investor and analyst relations and finance team operations, leading the company’s engagement with the equity investor community and Pagaya’s key strategic financial initiatives to drive continued strong financial performance.

Pagaya Technologies LTD. (NASDAQPGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today named Rajinder (Raj) Singh as Chief Risk Officer. In this role, he will oversee all aspects of risk management, ensuring profitable, responsible, and continuous growth for Pagaya.

Pagaya Technologies Ltd. (“Pagaya” or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced today that the Company’s management team will participate in the following investor conferences:

Pagaya Technologies Ltd. (NASDAQPGY) (“Pagaya”, the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced financial results for the second quarter and the first half of 2024.

Pagaya Technologies LTD. (NASDAQPGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, and Castlelake, L.P. ("Castlelake"), a global alternative investment manager specializing in asset-based private credit and an experienced investor in consumer credit opportunities, today announced an agreement for Castlelake to purchase, subject to certain terms and conditions, an aggregate amount of up to $1 billion in consumer loans through the Pagaya network. Following satisfaction of the closing conditions, Castlelake will acquire loans on a monthly basis for an initial 12-month term, with the potential for the agreement to be extended for additional loan purchases over time.

Pagaya Technologies Ltd. (NASDAQPGY) (the “Company” or “Pagaya”), a global technology company delivering AI-driven product solutions for the financial ecosystem, and OneMain Financial NYSE: OMFNYSEOMF)

Pagaya Technologies LTD. (NASDAQPGY) (“Pagaya” or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the appointment of Ralph L. Leung as Chief Operating Officer and Chief Commercial Officer, as it continues to strategically enhance its AI-driven network and product suite to be the premier consumer credit technology solution for the banking ecosystem.