Pagaya Technologies Signs $700 Million Auto Loan Forward Flow Deal With Neuberger

MT newswire2026/09/16 11:53

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07:53 AM EDT, 09/16/2026 (MT Newswires) -- Pagaya Technologies (PGY) entered a forward flow agreement with Neuberger Specialty Finance to purchase up to $700 million of auto loans originated through Pagaya's lending-partner network, the company said Wednesday. The agreement expands the existing capital markets partnership between Pagaya and Neuberger, providing committed, long-term funding capacity, the company said. The company's artificial intelligence-driven platform connects more than 35 lending partners with institutional investors across personal, auto and point-of-sale loans, it added. Pagaya Technologies shares were up 1.5% in premarket activity.

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