PGY ▲ +1.3% - Pagaya Technologies Ltd.
$PGY Pagaya: Secures Up to $700M Auto Loan Forward Flow Agreement With Neuberger ? • Deal marks Pagaya’s second auto forward flow transaction and first with Neuberger Specialty Finance. • Pagaya’s auto network reached $4.8B in annualized volume last quarter and generated >75% of year-over-year network volume growth. • Agreement adds committed, longer-term funding capacity for auto loan purchases.
Pagaya Technologies rose 1.3% after securing a $700 million auto loan forward flow agreement with Neuberger Specialty Finance, the company's second such auto transaction and first partnership with Neuberger. The deal expands Pagaya's committed funding capacity for auto loans at a time when its auto network has reached $4.8 billion in annualized volume and is driving over 75% of the company's year-over-year network growth.
16-SEP-2026 07:34 AM ET
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