News about Pagaya Technologies Ltd

The Triumph of Financial Innovation Pagaya Technologies Secures $500 Million in Consumer Loan ABS Amidst Robust Inves...
Sep 18 2024
In the bustling financial market corridors of New York, the esteemed Pagaya Technologies LTD. (NASDAQ: PGY) has recently heralded a notable achievemen...

Pagaya and Castlelake Forge Strategic Alliance with $1 Billion Consumer Loan Forward Flow Agreement
Aug 11 2024
In a significant move poised to reshape consumer lending dynamics, Pagaya Technologies LTD., a prominent figure in the AI-driven financial services la...

Pagaya and Castlelake Announce Landmark $1 Billion Forward Flow Agreement to Transform Consumer Lending Landscape,
Aug 10 2024
In a groundbreaking move for the financial technology and investment landscape, Pagaya Technologies LTD (NASDAQ: PGY), a global technology leader in A...

AI-Driven Innovations Pagaya and Castlelake Forge $1 Billion Consumer Loan Agreement
Aug 09 2024
In a significant development within the financial technology landscape, Pagaya Technologies LTD. (NASDAQ: PGY), a company known for its AI-driven solu...

In an evolving financial landscape characterized by rapid technological advancements, Pagaya Technologies L...
Aug 06 2024
Innovative Alliances and Strategic Realignments: Pagaya Technologies Propels Forward with AI-Driven Solutions and Financial Restructuring In an evolvi...

Pagaya Technologies Expands Financing Solutions for Banks and Merchants Through Mastercard Engage Program
Jun 12 2024
In a strategic move to enhance its innovative offerings and foster further growth in the financial ecosystem, Pagaya Technologies Ltd. has announced i...

Pagaya Technologies Navigates toward Optimized Efficiency and Robust Financial Growth with Over $1 Billio...
Jun 06 2024
By In a significant development for Pagaya Technologies Ltd. (NASDAQ: PGY), the company recently announced it is ramping up efforts to drive further ...

Pagaya Technologies: AI-Driven Innovator Set to Make Waves in the Russell 2000 Index
May 28 2024
In a significant development, Pagaya Technologies Ltd. (Pagaya), a global technology firm specializing in AI-driven product solutions for the financia...

Pagaya Technologies Ltd: Impressive Revenue Growth Overshadowed by Net Shortfall in Fiscal First Quarter of 2024
May 11 2024
Pagaya Technologies Ltd, a global technology company specializing in artificial intelligence infrastructure for the financial ecosystem, has reported ...

Pagaya Technologies Prices 7,500,000 Class A Ordinary Shares in Successful Public OfferingIn response to growing investor demand, Pagaya Technologies has successfully priced an underwritten public offering of 7,500,000 Class A ordinary shares at a public offering price of $12.70 per share. This signifies the company*s continued growth and popularity within the financial ecosystem. The underwriters have been granted a 30-day option to purchase an additional 1,125,000 Class A ordinary shares, allowing for potential increased investor participation.2. Pagaya Technologies Initiates Public Offering of Class A Ordinary Shares, Setting Stage for Future ExpansionIn a strategic move to enhance its position within the market, Pagaya Technologies has commenced an underwritten public offering of 6,500,000 Class A ordinary shares. The company further plans to empower the underwriters with a 30-day option to purchase up to 975,000 additional Class A Ordinary Shares. This offering highlights Pagaya*s commitment to further expand its operations and capitalize on the growing demand for artificial intelligence infrastructure in the financial industry.3. Pagaya Technologies Implements Reverse Stock Split, Fuels Investor ConfidenceTaking measures to optimize its stock structure, Pagaya Technologies Ltd. has announced a reverse stock split with a final ratio of 1-for-12. This decision is meant to streamline the company*s stock value and enhance investor confidence. Starting from March 8, 2024, Pagaya*s ordinary shares will begin trading on a split-adjusted basis, signaling the company*s commitment to align its financial operations with market expectations.4. Pagaya Technologies Achieves Promising Market Performance, Share Price Up by 17.31% in 2024In a positive trajectory, Pagaya Technologies Ltd. has witnessed a significant increase in its share price, standing at $15.51 as of now. Notably, the year 2024 has been favorable for the company, experiencing a commendable 17.31% surge in stock value. This robust market performance signifies the promising potential of Pagaya*s artificial intelligence infrastructure and its ability to deliver long-term value to investors.Conclusion:Pagaya Technologies* recent announcements, including the pricing of their public offering of Class A ordinary shares, reverse stock split approval, and impressive market performance, exhibit the company*s ongoing commitment to growth and innovation within the financial technology landscape. With the stock price standing at a healthy $15.51 and a 17.31% growth in 2024, Pagaya Technologies continues to position itself as a leading player in the artificial intelligence infrastructure market.
Mar 14 2024
Pagaya Technologies Ltd., a leading global technology company specializing in artificial intelligence infrastructure for the financial ecosy...

Pagaya Technologies Sets the Stage to Revolutionize Finance with Public Offering
Mar 13 2024
Pagaya Technologies Announces Public Offering of Class A Ordinary SharesNew York, NY - Pagaya Technologies Ltd. (NASDAQ: PGY), a leading global t...

Pagaya Technologies Ltd Reports Widening Deficit in Fourth Quarter of 2023
Mar 10 2024
Pagaya Technologies Ltd, a global pioneer in artificial intelligence infrastructure for the financial sector, recently made headlines with the announc...