# Pagaya

> Pagaya connects lenders, AI credit decisioning, and institutional capital so partners can fund additional consumer loans under their own brands. Its products span personal loans, auto finance, and point-of-sale lending, with revenue primarily generated through network-related fees.

- **Founded:** 2016
- **Headquarters:** New York, United States
- **Founders:** Gal Krubiner (Co-founder and CEO), Avital Pardo (Co-founder; Deputy CEO (current company biography)), Yahav Yulzari (Co-founder; Deputy CEO (current company biography))
- **Products:** Decline Monetization, PGY First Look, PGY Dual Look, Affiliate Optimizer Engine, Direct Marketing Engine
- **Notable:** Completed its 100th ABS transaction in October 2026, with lifetime issuance exceeding US$44 billion., Reported Q2 2026 network volume of US$3.535 billion and GAAP net income attributable to shareholders of approximately US$45 million., Reported FY2025 shareholder net income of US$81.389 million after a FY2024 shareholder net loss of US$401.406 million.

## Products & services

- **Decline Monetization** — API-integrated second review of applications outside a partner’s conventional credit criteria, with institutional funding arranged through Pagaya.
- **PGY First Look** — Evaluates designated application segments before the lending partner’s review.
- **PGY Dual Look** — Concurrent assessment alongside the lender to improve offer selection and conversion.
- **Affiliate Optimizer Engine** — Helps personal-loan partners acquire and convert applicants through affiliate marketplaces.
- **Direct Marketing Engine** — Predictive targeting and prescreened offers through partner campaigns, including direct mail and email.
- **Fast Pass** — Intelligent verification stipulations intended to reduce application friction in personal and auto lending.
- **Capital markets solutions** — Consumer-credit financing through personal-loan PAID, auto-loan RPM, point-of-sale POSH securitizations, and private capital arrangements.

## Achievements

- Completed its 100th ABS transaction in October 2026, with lifetime issuance exceeding US$44 billion.
- Reported Q2 2026 network volume of US$3.535 billion and GAAP net income attributable to shareholders of approximately US$45 million.
- Reported FY2025 shareholder net income of US$81.389 million after a FY2024 shareholder net loss of US$401.406 million.

## Latest updates

- **2026-06** — Expanded the Upgrade partnership to Flex Pay point-of-sale financing.
- **2026-07** — Reported Q2 total revenue and other income of US$387 million and shareholder net income of US$45 million.
- **2026-09** — Announced its first variable funding note facility with ATLAS SP Partners.
- **2026-10** — Closed a US$650 million auto ABS transaction, its 100th securitization.

## Links

- Website: https://pagaya.com/
- LinkedIn: https://www.linkedin.com/company/pagaya/
- Twitter/X: https://twitter.com/pagayaltd
- GitHub: https://github.com/pagaya
- YouTube: https://www.youtube.com/channel/UCyJY0Q6u5Bb9RhFzc7LQAug
- Instagram: https://www.instagram.com/life_at_pagaya/
- Facebook: https://www.facebook.com/pagayaltd/

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Profile page: https://yespress.io/pagaya
Published by YesPress — https://yespress.io
Last updated: 2026-10-23