Pagaya

Company Overview

Snapshot

Founded in March 2016 by Gal Krubiner, Yahav Yulzari, and Avital Pardo, Pagaya operates with 201–500 employees. The company has raised a total of $433.55 million across 13 funding rounds. In June 2022, Pagaya went public on NASDAQ.

Business overview

Pagaya is a data-driven investment manager that leverages proprietary technology, including advanced machine learning and big data analytics, to innovate in the fixed income and alternative credit markets. The company's core technology focuses on platforms, interfaces, and data storage. It serves a diverse range of institutional and high net-worth investors, including banks, pension plans, foundations, and private wealth, operating within the Fintech & Insurtech sector, with a strong emphasis on trading and investing, and targeting financial services customers with products related to credit, structured products, and fund management.

Strategic signal

In April 2026, Pagaya closed a $500 million AAA-rated Auto ABS transaction, demonstrating continued investor confidence in its asset-backed securities programs. This event signals strong market validation for Pagaya's AI-driven credit analysis and its ability to attract significant capital for its lending products, reinforcing its growth trajectory in the financial markets.

Company Intelligence Q&A

What was a significant recent funding event for Pagaya?

In April 2026, Pagaya closed a $500 million AAA-rated Auto ABS transaction, demonstrating continued investor confidence.

When did Pagaya go public?

Pagaya went public on NASDAQ in June 2022, following the approval of its proposed business combination with EJF Acquisition Corp.

What was a key strategic partnership announced by Pagaya in 2023?

In September 2023, Pagaya announced a partnership with Westlake Financial, showcasing the strength of Pagaya’s fast-growing auto product.

What was a notable leadership appointment at Pagaya in 2024?

In September 2024, former Citi and U.S. Bank Executive Rajinder Singh joined Pagaya as Chief Risk Officer.

What was a significant acquisition made by Pagaya?

In January 2023, Pagaya acquired Darwin Homes, a property management technology company, to enhance its real estate investment capabilities.