Pagaya closes $400 million auto asset-backed securitization transaction

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Pagaya Closes $400 Million RPM 2026-1 Auto ABS Transaction; Demonstrating Strong Momentum of Auto Platform into 2026

March 11, 2026 8:30 AM EDT

First Auto ABS of 2026 after raising more than $8.5 billion in 2025 across all ABS transactions Pagayas Auto ABS shelf, RPM, now includes assets generated via Pagayas partnership with GLS

NEW YORK--(BUSINESS WIRE)-- Pagaya Technologies LTD. (NASDAQ: PGY) (Pagaya or the Company), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of RPM 2026-1, a $400 million auto asset-backed securitization (ABS). The transaction marks the first... More