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Pagaya’s inaugural POS forward flow agreement underscores continued strong institutional demand for Pagaya’s POS assets
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Pagaya continues to diversify its funding program with multi-billion-dollar forward flow capacity across Personal Loans, Auto Loans, and Point-of-Sale
Pagaya Technologies LTD. (“Pagaya” or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced a new forward flow agreement with Sound Point Capital Management, LP (“Sound Point”), a leading global alternative credit manager with over $45 billion in assets under management, for the purchase of up to $720 million of point of sale (“POS”) loans sourced through Pagaya’s platform.
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This agreement marks Pagaya’s first forward flow transaction for its POS program, reflecting a focus on scaling efficient, repeatable capital solutions with long-term institutional partners across its product portfolio. Following the successful launch of its AAA-rated POS revolving asset-backed securitization (ABS) shelf POSH, in May 2025, Pagaya has continued to diversify its funding to support the expansion of its rapidly-growing POS business, raising more than $3 billion in prospective funding capacity since launch.
“Pagaya has built a differentiated, institutional-grade platform for accessing consumer credit. We’re excited to partner with Pagaya to support the continued growth of its point-of-sale strategy, while offering our investors consistent exposure to short-duration assets with highly attractive risk-adjusted returns and durable income,” said Philip Bartow, Head of Specialty Finance and Fintech Lending & Portfolio Manager at Sound Point.
“We are proud to partner with Sound Point on our inaugural point-of-sale forward flow transaction,” said Sanjiv Das, President and Co-founder of Pagaya. “Together, we’re connecting capital with the responsible expansion of consumer credit opportunities – through a product that resonates and is in strong demand by institutional investors. This agreement is an important milestone as we continue to efficiently scale our point-of-sale business.”
Pagaya’s predictive AI-powered credit decisioning facilitates access to high-quality consumer credit assets across a growing list of 30+ lending partners in three core product verticals: personal loans, auto loans, and point-of-sale (POS). By complementing its public ABS program with private capital partnerships, Pagaya continues to build a resilient, multi-channel funding platform to support growth across its product offering.
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