Pagaya Technologies, a consumer credit fintech, has signed a $500 million forward flow agreement with Castlelake to sell auto loans originated through its AI-driven lending platform, expanding its auto financing and asset-backed securities (ABS) programs. This follows a $2.5 billion personal loan deal between the two firms in July 2025 and builds on Pagaya’s growing partnerships to provide stable, diversified funding for lenders. The New York– and Tel Aviv–based fintech, which leverages AI to extend credit access across auto, personal, and point-of-sale loans, continues to scale its lending network of 31 partners, supported by prior financing from BlackRock and multiple ABS issuances.

Pagaya Signs $500m Auto Loan Deal With Castlelake