Agora Data,, a leading fintech innovator of advanced capital solutions in subprime and non-prime consumer finance, proudly announces the successful completion of its first rated asset-backed securitization, a $112 million transaction. This milestone accomplishment strengthens Agora’s position in the multi-billion-dollar public capital markets and fuels its strategic growth.
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The 144A auto loan securitization opens new liquidity sources to scale operations and drives continuing success for its clients. This recent transaction increases Agora’s lending capacity to more than $1 billion annually and represents the latest component to Agora’s multi–channel funding strategy that is supported by Agora’s proprietary AI-driven loan performance analytics.
“This rated securitization supports our diversified funding strategy and taps into a $500 billion market, connecting us with investors to help fuel exponential growth opportunities,” said Chris Hawke, Chief Financial Officer and Chief Legal Officer. “Agora’s unique strategy of ‘Alignment of Interest’ with loan originators resonated well with investors, as evidenced by the fact that the deal was highly oversubscribed with investor demand far exceeding the offering size and is a testament to the power of Agora.”
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Building on the success of four prior private securitizations, Agora’s entry into rated, publicly traded capital markets enables more loan originators and lenders to access vital funding. All of these securitization achievements align with Agora’s mission to empower smarter, more profitable loan originations while championing responsible lending.
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Agora’s innovative use of proprietary AI and machine learning optimizes loan portfolios, delivering value to clients and investors alike. This achievement underscores Agora’s commitment to transform the lending landscape by providing access to capital and high-impact technology solutions.
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Source : prnewswire
