PAGAYA TECHNOLOGIES LTD.
Azrieli Sarona Bldg, 54th Floor
121 Derech Menachem Begin
Tel-Aviv 6701203, Israel
+972 (3) 715 0920

May 19, 2022

VIA EDGAR

Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549

Attn:
Sharon Blume
 
Jacob Luxenburg
 
Sandra Hunter Berkheimer
 
David Lin
   
RE:
Pagaya Technologies Ltd. (the “Company”)
 
Registration Statement on Form F-4
 
File No. 333-264168

Ladies and Gentlemen:

Pursuant to Rule 461 under the Securities Act of 1933, as amended, the Company hereby respectfully requests that the effective date of the Company’s Registration Statement on Form F-4 (File No. 333-264168) be accelerated by the Securities and Exchange Commission to 5:00 p.m. New York time on May 20, 2022, or as soon as practicable thereafter.

We request that we be notified of such effectiveness by a telephone call to Andrea Nicolás of Skadden, Arps, Slate, Meagher & Flom LLP at (212) 735-3416 and that such effectiveness also be confirmed in writing.

   
Very truly yours,
       
   
Pagaya Technologies Ltd.
       
 
By:
/s/ Gal Krubiner
   
Name:
Gal Krubiner
   
Title:
Chief Executive Officer

cc:
Richmond Glasgow
 
Pagaya Technologies Ltd.
   
cc:
Andrea Nicolás
 
Skadden, Arps, Slate, Meagher & Flom LLP
   
cc:
Jeffrey A. Brill
 
Skadden, Arps, Slate, Meagher & Flom LLP
   
cc:
Maxim O. Mayer-Cesiano
 
Skadden, Arps, Slate, Meagher & Flom LLP