Pagaya Technologies Ltd.

Azrieli Sarona Bldg, 54th Floor

121 Derech Menachem Begin

Tel Aviv 6701203, Israel

May 1, 2023

U.S. Securities and Exchange Commission

Division of Corporation Finance

Office of Trade & Services

100 F Street, N.E.

Washington, D.C. 20549

RE:	Pagaya Technologies Ltd.
	Registration Statement on Form F-1
	File No. 333-271343
	Request for Acceleration of Effective Date

Requested Date:    May 3, 2023

Requested Time:    4:00 P.M. Eastern Time

Ladies and Gentlemen:

In accordance with Rule 461 under the Securities Act of 1933, as amended, the undersigned registrant (the “Registrant”) hereby requests that the U.S. Securities and Exchange Commission (the “Commission”) take appropriate action to cause the above-referenced Registration Statement on Form F-1 (the “Registration Statement”) to become effective on May 3, 2023, at 4:00 p.m., Eastern Time, or as soon thereafter as is practicable or at such later time as the Registrant may orally request via telephone call to the staff of the Commission. The Registrant hereby authorizes each of John T. McKenna, Rupa Briggs and Natalie Y. Karam of Cooley LLP, counsel to the Registrant, to make such request on its behalf.

Once the Registration Statement has been declared effective, please orally confirm that event with John T. McKenna of Cooley LLP, counsel to the Registrant, at (650) 843-5059, or in his absence, Rupa Briggs at (212) 479-6525 or Natalie Y. Karam at (650) 843-5778.

		Very truly yours,
		PAGAYA TECHNOLOGIES LTD.
		By:	/s/ Gal Krubiner
		Name:	Gal Krubiner
		Title:	Chief Executive Officer
		By:	/s/ Michael Kurlander
		Name:	Michael Kurlander
		Title:	Chief Financial Officer
cc:	John T. McKenna, Cooley LLP Rupa Briggs, Cooley LLP Natalie Y. Karam, Cooley LLP