Pagaya scales auto lending
Pagaya reported 19% year‑over‑year growth in auto lending volume and disclosed new institutional partnerships including capital from Blue Owl up to $2.4B — a clear signal of expanding scale in fintech auto financing. (x.com)
Pagaya’s forward‑flow agreement with funds managed by Blue Owl allows those funds to purchase up to $2.4 billion of consumer loans over a 24‑month period, a capital commitment Pagaya announced in a February 6, 2025 press release. (pagaya.com ) The company reported a 19% year‑over‑year lift in network volume in Q3 2025 — to $2.8 billion — and management said that growth was driven by expanded activity in its Auto and Point‑of‑Sale verticals. (marketchameleon.com ) Pagaya closed RPM 2026‑1, a $400 million auto ABS, on March 11, 2026 — its first auto ABS of 2026 and part of what the company described as record auto issuance in 2025 after raising more than $2 billion in auto ABS the prior year. (businesswire.com ) The RPM 2026‑1 deal drew participation from more than 20 unique investors and Pagaya said the RPM shelf saw a 62% year‑over‑year increase in investor count, underscoring recurring institutional demand for the company’s auto collateral. (marketwirenews.com ) Pagaya’s Q4 2025 disclosure showed auto and POS made up roughly 19% and 16% of quarterly network volume respectively and a full‑year network volume of $10.5 billion, signaling meaningful portfolio mix shift toward auto that supports repeated ABS issuance and forward‑flow programs. (businesswire.com ) With Pagaya scaling auto originations and creating more securitization‑ready pools, lenders need faster, audit‑grade origination and documentation capabilities; Solifi’s March 2026 Document Intelligence launch claims to cut document review times by about 70%, and Solifi’s recent DataScan acquisition expands wholesale/floorplan capabilities relevant to dealer inventory and ABS collateral readiness. (equipmentfinancenews.com autoremarketing.com )
