Pagaya Technologies (PGY) Announces Forward Flow Agreement with Blue Owl Managed Funds to Purchase up to $2.4 Billion of Consumer Loans Originated on the Pagaya Network

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Pagaya Announces Forward Flow Agreement with Blue Owl Managed Funds to Purchase up to $2.4 Billion of Consumer Loans Originated on the Pagaya Network

February 6, 2025 7:30 AM EST

Agreement brings a new, highly strategic asset investor to Pagaya, as the Company continues to diversify its funding program to drive capital efficiency

NEW YORK--(BUSINESS WIRE)-- Pagaya Technologies LTD. (NASDAQ: PGY) (Pagaya or the Company), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced a new forward flow agreement with funds managed by Blue Owl Capital (Blue Owl) to purchase up to $2.4 billion in consumer loans through the Pagaya network over a 24-month period.

Pagayas forward flow program, which allows the Company to fund loan originations... More