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Castlelake to buy up to $2.5 billion of Pagaya consumer loans

Castlelake will buy the loans over 16 months

Bloomberg NewsbyBloomberg News
July 14, 2025
in Capital & Funding
Reading Time: 1 min read
0

Castlelake LP has agreed to purchase as much as $2.5 billion of consumer loans from financial technology firm Pagaya Technologies, the latest in a string of deals for the AI-driven lender. The firm will buy the loans over a 16-month period through a so-called forward flow agreement, by which investors agree to snap up the […]

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