Pagaya Investments
ISIN | 🆔 |
---|---|
Industry | Asset management |
Founded 📆 | 2016 |
Founder 👔 | Yahav Yulzari, Avital Pardo, Gal Krubiner (co founders) |
Headquarters 🏙️ | , New York, NY, USA; Tel-Aviv, Israel |
Area served 🗺️ | |
Members | |
Number of employees | |
🌐 Website | https://www.pagaya.com/ |
📇 Address | |
📞 telephone | |
Pagaya Investments (Pagaya) is a global financial technology company using AI (Artificial Intelligence) to manage institutional money co-founded by Yahav Yulzari, Avital Pardo and Gal Krubiner in 2016.[1][2][3][4][5][6][7][8][9][10][excessive citations] The company mainly focuses on fixed income and alternative credit.[11][12][4]
Pagaya Investments[edit]
Pagaya manages assets for banks, insurance companies, sovereign wealth funds, pension funds, private investors, and large financial institutions through machine learning technologies and big data analytics.[1][3][13][6][14][15][16][excessive citations] The company has offices in New York and Tel Aviv with clients in the U.S., Israel, Asia, and Europe.[17][18]
Pagaya has a proprietary technology platform called Pagaya Pulse, which runs on AI (Artificial Intelligence) technologies and algorithms.[17][19][20][excessive citations]
Founders[edit]
Gal Krubiner, the CEO of Pagaya, held various positions at Deutsche Bank.[2][3][21][22][23] CTO Avital Pardo was a senior analyst at Israel Defense forces and a former data scientist at Fundbox.[2][3] Yahav Yulzari, Vice President of Sales at Pagaya, was previously the owner of Galya Global- a real estate development company.[2][3]
Capital[edit]
Pagaya grew to $450 million assets under management (primarily from institutions) by April 2019.[2] The company has raised about $45 million in equity for developing its technology and operations.[18][19][7][14][8][9][24][25][excessive citations] Investors include Viola Ventures, Oak HC/FT,[26] Clal Insurance,[3] GF Investments, Harvey Golub (Pagaya board member and former Chairman and CEO of American Express),[27] and Siam Commercial Bank’s Digital venture.[1][2][19][28][7][14][29][8][30][31][excessive citations]
References[edit]
- ↑ 1.0 1.1 1.2 "Israeli AI fintech co Pagaya raises $25m". Globes (in עברית). 2019-04-03. Retrieved 2019-05-14.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 "Pagaya raises $25 million to manage asset-backed securities with AI". VentureBeat. 2019-04-03. Retrieved 2019-05-14.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 "Fintech firm Pagaya issuing $100 million in asset-backed securities". Reuters. 2019-02-06. Retrieved 2019-05-14.
- ↑ 4.0 4.1 Childs, Mary. "Meet the world's first AI-managed loan fund". www.fnlondon.com. Retrieved 2019-05-14.
- ↑ "Pagaya Investments in Israel, Middle East - SWFI". www.swfinstitute.org. Retrieved 2019-05-14.
- ↑ 6.0 6.1 "Pagaya Investments". Opal Group. Retrieved 2019-05-14.
- ↑ 7.0 7.1 7.2 "Pagaya: Next Generation Asset Management investing in alternative assets". Fintastico. Retrieved 2019-05-14.
- ↑ 8.0 8.1 8.2 Childs, Mary. "Meet the First AI-Managed Asset-Backed Securities Portfolio". www.barrons.com. Retrieved 2019-05-14.
- ↑ 9.0 9.1 "Pagaya raises $25 million for asset management AI". Finextra Research. 2019-04-03. Retrieved 2019-05-14.
- ↑ "Investing startup Pagaya just raised $100 million to disrupt the credit markets using artificial intelligence, and it's eyeing other industries next". Business Insider. Retrieved 2019-05-20.
- ↑ "Pagaya Investments - CB Insights". www.cbinsights.com. Retrieved 2019-05-14.
- ↑ "Pagaya uses AI to issue $100m in asset-backed securities". Finextra Research. 2019-02-08. Retrieved 2019-05-20.
- ↑ "LendIt Fintech". www.lendit.com. Retrieved 2019-05-14.
- ↑ 14.0 14.1 14.2 "Global Fintech Pagaya Raises $25 Million Through Series C Funding Round Led By Oak HC/FT". Crowdfund Insider. 2019-04-03. Retrieved 2019-05-14.
- ↑ "Developing Blockchain for finance, Financial Inclusion analysis, and the impact of Regtech, AI and Big Data". fintechfeed.com. Retrieved 2019-05-15.
- ↑ "Fintech startup Pagaya raises $14 million in private funds | Technology news | latest news about information technology & world IT". Retrieved 2019-05-15.
- ↑ 17.0 17.1 "Oak HC/FT leads $14 mln round for Pagaya". PE Hub. 2018-08-30. Retrieved 2019-05-14.
- ↑ 18.0 18.1 "Fintech Pagaya places $100M consumer loan ABS managed by AI". Asset Securitization Report. Retrieved 2019-05-14.
- ↑ 19.0 19.1 19.2 "Fintech startup Pagaya raises $14 million in private funds". BTVI. Retrieved 2019-05-14.
- ↑ "AMERICAN-Israeli fintech company Pagaya raises $25 million – News". Retrieved 2019-05-15.
- ↑ Nwazor, Toby (2019-02-11). "Artificial Intelligence Is Changing Banking and Wall Street. Here's What to Expect in 2019". NewsTimes. Retrieved 2019-05-15.
- ↑ email.permalink.ft.com http://email.permalink.ft.com/emails/eyJlbWFpbCI6ImU5ZDIxMDQ1MGE5YWY3NjgwMzY0MzgzZGMwNzJjNzc3YzUxZmE4MmU5MDVjZjEiLCJ0cmFuc2FjdGlvbklkIjoiZjJkOGY4M2MtZWZkYy00MGEzLTk1ODEtMWZiMDIzYTE2NzVlIn0=. Retrieved 2019-05-20. Missing or empty
|title=
(help) - ↑ Editor. "Pagaya is using artificial intelligence to invest in consumer ABS". Retrieved 2019-05-20.
- ↑ Shalev, Asaf (2018-03-01). "Citi Lends $75 million to Fintech Startup Pagaya". CTECH - www.calcalistech.com. Retrieved 2019-05-14.
- ↑ email.permalink.ft.com http://email.permalink.ft.com/emails/eyJlbWFpbCI6ImU5ZDIxMDQ1MGE5YWY3NjgwMzY0MzgzZGMwNzJjNzc3YzUxZmE4MmU5MDVjZjEiLCJ0cmFuc2FjdGlvbklkIjoiZjJkOGY4M2MtZWZkYy00MGEzLTk1ODEtMWZiMDIzYTE2NzVlIn0=. Retrieved 2019-05-15. Missing or empty
|title=
(help) - ↑ "AI-Powered Asset Manager Pagaya Goes After Real Estate". Institutional Investor. Retrieved 2019-05-20.
- ↑ Reitman, Anna. "Fintech weekly deals and partnerships round-up". finadium.com. Retrieved 2019-05-15.
- ↑ "Viola - Pagaya". www.viola-group.com. Retrieved 2019-05-14.
- ↑ "Pagaya". oakhcft.com. Retrieved 2019-05-14.
- ↑ jesussarcosmail (2019-04-03). "Jesús Sarcos: Pagaya, which uses AI to help manage asset-backed securities, raises $25M Series C led by Oak HC/FT (Kyle Wiggers/VentureBeat)". Jesus Sarcos (in español). Retrieved 2019-05-15.
- ↑ "Temasek Participates in Another Round at Bill.com - SWFI". www.swfinstitute.org. Retrieved 2019-05-15.
External links[edit]
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