Pagaya continues to fund new l**** originated by its lending partners, with $4.9B raised across 11 ABS transactions year-to-date Pagaya Technologies LTD, a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, announced the closing of PAID 2023-6, its 43rd asset-backed securitization (ABS) and its 11th in 2023. The transaction was rated by Kroll Bond Rating Agency. Browse more about Interview Insights: AiThority Interview with Gijs van de Nieuwegiessen, VP of Automation at Khoros Investors purchased $594 million of notes, which are expected to be backed by personal l**** originated by consumer lenders connected to Pagaya's network. With its fully pre-funded model, capital is raised before Pagaya's lending partners originate l****. Pagaya is currently the number one issuer of personal loan ABS transactions in the U.S.