Pagaya

20 stories about Pagaya
הנפקת אודיטי בנאסד"ק oddity

Tech firms dash for cash before Wall Street party ends

17.03.24|Sophie Shulman
The Nasdaq index has already produced a return of 8.2% since the beginning of 2024 and some companies are rushing to cash in with secondary IPOs
 CTech NY Conference Yariv Hasar

How did Pagaya reassure international partners during wartime?

06.03.24|James Spiro
Yariv Hasar, General Manager at Pagaya, spoke to CTech at Mind the Tech NY about how the company never wavered despite having 25% of its workforce in IDF reserve service
ועידת ניו יורק - לזלי גילין סמנכלית צמיחה Pagaya

“If AI models were adopted by all lenders nationwide in the US, we could witness an additional $330 billion in GDP annually”

05.03.24|Yuval Sadeh
“Pagaya's objective is to encourage the banking ecosystem to adopt more artificial intelligence," added Leslie Gillin, Chief Growth Officer at Pagaya
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר

Pagaya relocating HQ from Israel to NYC, reverse splitting shares, in hope of attracting US institutional investors

16.01.24|Sophie Shulman
In a report titled “Strategic Actions to Enhance Marketability of its Stock” the Nasdaq-listed company detailed its plans to relocate from Israel, file on U.S. domestic issuer forms with the SEC, and reverse split its stock, consolidating shares at a range between 1-for-10 to 1-for-15
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר

Pagaya nearing $1 billion market cap after shares surge 13% on partnership with auto finance firm Exeter

14.12.23|Reuters and CTech
Exeter Finance said it intends to use the fintech firm's credit-decisioning product across its national network of over 13,000 auto dealers
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Pagaya withdrawal restrictions leave O.R.T. without access to $12.3 million investment

07.09.23|Almog Azar
O.R.T. initially asked to withdraw $4 million, but Pagaya replied that the money would be transferred to a dedicated fund, which would repay the amount in installments. When O.R.T. asked to withdraw the entire sum, Pagaya only agreed to transfer 10% of it to a designated fund
פאגאיה הנפקה נאסד"ק

Pagaya bidding to acquire GreenSky for up to $800 million

29.08.23|Sophie Shulman
The Israeli fintech company has advanced to the final stage in the bidding for the purchase of GreenSky together with the likes of the Apollo investment fund and growth investment firm Sixth Street
כנס ניהול פיננסי בעידן החדש יריב חסר מנהל פאגאיה ישראל וידאו

Pagaya Israel General Manager: "We are going to be profitable already this year"

26.06.23|Irad Atzmon Schmayer
Yariv Hasar, General Manager of Pagaya Israel, spoke at Calcalist’s Financial Innovation conference in Tel Aviv about how they are using AI to increase inclusion and diversity
מנכ"לית קרנות פאגאיה ישראל קרן זלינגר

Pagaya's credit fund registers worst-ever monthly loss

25.06.23|Almog Azar
During a conference call with investors, the fund's representatives explained that the 4.9% negative return in May stemmed from loans issued at the end of 2021 and the beginning of 2022
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

From bad to worse: Pagaya's consumer credit fund further limits withdrawals

15.06.23|Almog Azar
The new restrictions mean that the waiting time for investors to access their redeemed funds will double, with investors now only being able to receive 10% of their requested amount each quarter
פאגאיה הנפקה נאסד"ק

Pagaya executives were looking at $200 million windfall had stock price held up

24.04.23|Amir Perger
The founders, managers, and directors of the fintech company received generous option allocations, but they have been unable to convert them to cash with Pagaya’s share price falling by 92% since going public in June 2022
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Pagaya suspends full immediate withdrawals from Opportunity Fund

16.04.23|Almog Azar
The Pagaya Opportunity Fund, the largest P2P fund in Israel, manages about NIS 4.7 billion ($1.28 billion), and says that it will instead use a mechanism to transfer funds on a quarterly basis
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Pagaya confirms layoff of 20% of workforce, 140 employees

18.01.23|Meir Orbach
The fintech company, which became Israel’s highest-valued company for a short time last year, expects to save $30 million a year from the cutbacks
פאגאיה הנפקה נאסד"ק

Pagaya preparing to part with over 100 employees, 15% of workforce

11.01.23|Meir Orbach
The fintech company, which became Israel’s highest-valued company for a short time last year, employs 650 people and announced its first acquisition on Wednesday, purchasing proptech platform Darwin Homes
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Pagaya goes from highest-valued Israeli company to danger of delisting

24.11.22|CTech
The Israeli fintech company has lost over 97% of its valuation in less than four months, going from a market cap of around $20 billion to just $680 million
פאגאיה הנפקה נאסד"ק

Pagaya party comes to crashing halt

21.09.22|CTech
The Israeli fintech company has lost over 92% of its valuation in less than two months, leaving it with a market cap of $1.5 billion
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Is the Pagaya bubble bursting?

23.08.22|CTech
The Israeli fintech company has lost almost a quarter of its value over the past week, falling beneath a market cap of $11 billion
פאגאיה הנפקה נאסד"ק

Pagaya CEO: “We get excited by rising revenue, not the share price”

18.08.22|Meir Orbach
The Israeli fintech company, which saw its value skyrocket over the past month, expects its total revenue in 2022 to range between $700 million and $725 million and its adjusted EBITDA for the year to range between negative $20 million and positive $10 million
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Investor-favorite Pagaya reports 83% increase in revenue to $181.5 million

16.08.22|Meir Orbach
The fintech company, which has seen its shares surge dramatically over the past month, said it expects its total revenue for 2022 to range between $700 million and $725 million