Pagaya, a global technology company delivering AI-driven product solutions for the financial ecosystem, has launched a revolving asset-backed facility designed to provide flexible funding for its AI-driven credit origination platform. The structure allows Pagaya to efficiently scale loan production while maintaining balance sheet flexibility and risk transfer to institutional investors. The move reflects growing sophistication in fintech capital markets structures as platforms seek durable, repeatable funding sources amid fluctuating macro conditions.

Pagaya Launches A Revolving Asset-Backed Funding Structure Backed by Personal Loans with Investment from 26North