Pagaya Technologies (PGY)'s AAA-Rated Personal Loan ABS Transaction Exceeds the Initial $600 Million Target By 33%

Pagaya Technologies Ltd. (NASDAQ:PGY) is one of the 14 oversold value stocks to invest in right now.

On February 4, 2026, a $800 million AAA-rated personal loan ABS transaction, PAID 2026-1, was closed by Pagaya Technologies Ltd. (NASDAQ:PGY). Thanks to strong institutional demand, the deal value exceeded the initial $600 million target by 33%. With 32 investors participating, most returned from prior transactions due to confidence in the company’s AI-driven consumer credit platform. Pagaya has issued over $34.5 billion across 85 ABS deals since 2018.

Meanwhile, on January 26, 2026, Pagaya Technologies Ltd. (NASDAQ:PGY) made an announcement, finalizing a forward flow agreement with Sound Point Capital Management to acquire up to $720 million in point-of-sale loans. With the first POS forward flow transaction, the company employs scalable, repeatable capital solutions across its growing product portfolio. Using predictive AI-powered credit decisioning, the company will facilitate high-quality consumer credit across personal loan, auto, and POS verticals. By combining public ABS programs with private capital partnerships, the company aims to build a multi-channel funding platform to drive growth and resilience in 2026.

Pagaya Technologies Ltd. (NASDAQ:PGY), a New York-based AI fintech company, develops data-driven solutions for consumer credit. The company enables real-time evaluation across personal loans, auto, and point-of-sale products for institutional investors.

While we acknowledge the potential of PGY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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