Ralph L. Leung’s Post

Pagaya’s heading to Money20/20! From October 27-30, come hear from and meet with our leaders to discuss how we're leveraging our #AI network to help financial institutions reach a broader customer base and expand financial opportunities to more people. Reach out here: partners@pagaya.com. #Fintech #Banking #Money2020USA

Today we announced a new $500M consumer loan asset-backed securitization (#ABS) deal, with $4.4B raised across all transactions in 2024 so far. This latest deal was executed at the lowest cost of capital since 2022, also resulting in one of Pagaya’s lowest risk retention levels in the past 18 months. Pagaya also continues to be the #1 personal #loan ABS issuer by issuance size in the U.S.  Learn more here: https://lnkd.in/eASWm2XE #ConsumerCredit #PersonalLoans #AssetBackedSecuritization

I'm excited to share Pagaya’s strong Q2 2024 results with our shareholders. We’ve had a great first half of the year, and delivered another quarter of record revenue, FRLPC and adjusted EBITDA. To learn more, read our latest letter to shareholders: https://lnkd.in/eCg7m-Jj #Earnings #Growth #Fintech #ConsumerLending

We’re pleased to announce that Ralph L. Leung is joining Pagaya as our Chief Operating Officer and Chief Commercial Officer. With over 25 years of industry experience, Ralph joins Pagaya from Achieve, a leading fintech focused on digital personal finance, where he drove the company’s profitable growth strategy as CFO. In his new role at Pagaya, Ralph will leverage his expertise to lead our best-in-class capital markets function, monetization strategy, and operations, and oversee the company's research, data and credit strategy capabilities. Welcome to Pagaya, Ralph!  Learn more here: https://lnkd.in/eQ3ScDZs #ExecutiveLeadership

Excited to recognize Ralph L. Leung, Achieve's CFO, for being named one of San Francisco's Top 25 CFOs in 2024! With an extensive background spanning strategic finance, investment banking, and corporate strategy, Ralph's leadership is helping steer us into an era of advanced digital finance solutions. Learn more about Ralph's achievements and his impact at Achieve. Read the full article: https://bit.ly/4db6BkQ #welcometoachieve #topcfo #exec #executiveleadership #financenews #executiveawards #financeexecutive #fintechnews

Achieve proudly announces the successful close of a $200.6M AAA-rated personal loan securitization on March 18th, the 22nd securitization to be orchestrated by Freedom Consumer Credit Fund, LLC. This significant event emphasizes a steadfast commitment to providing clear-cut and reliable financial solutions. "We're pleased the credit rating agencies noted that the underlying Achieve Personal Loans in this transaction have some of the strongest credit characteristics ever featured in an FCCF-sponsored securitization," said Achieve Co-Founder and Co-CEO Andrew Housser. "This reflects the ongoing efforts that Achieve, and its bank partners, have taken to be responsive to both the evolving landscape in consumer lending and strong investor demand for differentiated loan assets." Read the full press release for deeper insights into this milestone https://bit.ly/43sWeoa #welcometoachieve #securitization #financenews #fintechnews #personalfinance

Ever wondered how many cells make up the human body? The number might surprise you! Just like the trillions of cells in our bodies, the Achieve team is a complex system working toward a common goal. Co-Founder & Co-CEO, Bradford Stroh, explores how clarity and inspiration in organizational leadership are key to driving success. “A huge part of what makes Achieve successful is that we’ve fostered a workplace where everyone belongs. When we have clarity at the head and inspiration at the heart, our complex organism functions perfectly, grows and succeeds.” Learn how to belong, lead, and inspire in the latest blog. https://bit.ly/42D0YY5 #weareachieve #personalnfinance #workplacesupport #workplaceculture #bestplacestowork #cultureatwork #financenews #fintechnews

For the 3rd consecutive year, Achieve claims the #1 spot for Best Places to Work in Arizona by Phoenix Business Journal! This marks our 13th consecutive year on the prestigious Best Places to Work list 👏 In addition, we're thrilled to share that we’ve also earned a coveted spot on AZ Business Magazine's AZ Big 100 list, recognizing us among the top 100 businesses shaping Arizona's economy in 2024. Read more about these impactful awards: https://bit.ly/3tfikwV #weareachieve #bestplacestowork #bestplacestowork2023 #workplaceculture #corporateculture #careergoals #cultureatwork

A better financial future for everyday Americans? Achieve Resolution can help with that 👏 Today, we’re proud to announce the launch of Achieve Resolution. This personalized program allows members to reduce their debt while working alongside our team of experts to help settle their unsecured debt. With a record $1 Trillion in credit card debt, consumers continue to feel the struggle of inflation, high-interest rates and stressors like job loss, medical debt, and unplanned expenses with little to no relief. “We’ve always believed that most consumer finance companies exist to get people into debt and so few are designed to help people get back out. Achieve delivers the right debt solution for each individual consumer, wherever they are in their personal financial journey. We’ve been offering debt solutions for over 20 years and we look forward to this new chapter as we serve more everyday people in need.”–Andrew Housser, co-founder and co-CEO of Achieve We're here to make finances simple. Read more about how we’re helping millions of everyday people ➡️ https://bit.ly/49n5UDo #welcometoachieve #financenews #fintechnews #personalfinance #finance #debtstress #debtsolutions #debtconsolidation #financialjourney #debtjourney #debtfree #financialfreedom