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Pagaya Technologies Secures $1 Billion Funding Partnership

Pagaya Technologies Secures $1 Billion Funding Partnership

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Pagaya Technologies Ltd (PGY) has issued an update.

Pagaya Technologies Ltd. has announced a partnership with Castlelake to fund up to $1 billion in personal loan purchases, with specific terms and conditions. This financial collaboration is poised to potentially expand Pagaya’s fund management operations while offering Theorem’s funds access to Pagaya’s network, which could yield significant growth and results. However, these forward-looking statements are subject to risks, uncertainties, and the company’s future filings with the U.S. Securities and Exchange Commission.

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