Company: PGYWW
Filing Date: 2025-03-12
Form Type: S-8
Source: 0000950103-25-003342
Chunk: 0

Company: Pagaya Technologies Ltd.
Filing Date: 2025-03-12
Form: S-8
Chunk 0
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<div align='center'>As filed with the Securities and Exchange Commission on March 12, 2025</div>

Registration No. 333-[______]

<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM S-8

REGISTRATION STATEMENT UNDER

THE SECURITIES ACT OF 1933

Pagaya Technologies Ltd.

(Exact Name of Registrant as Specified in its Charter)</div>

| State of Israel                 |                             | 98-1704718            |
| (State or Other Jurisdiction of 
 Incorporation or Organization)  |                             | -I.R.S. Employer      
 Identification Number |
|                                 | 335 Madison Ave, 16th Floor 
 New York, New York 10017    |                       |

<div align='center'>(Address, Including Zip Code, of Registrant’s Principal Executive Offices)</div>

| Pagaya Technologies Ltd. 2022 Share Incentive 
 Plan                                          
 Sub-Plan for Israeli Participants to the      
 Pagaya Technologies Ltd. 2022 Share Incentive 
 Plan                                          
 Pagaya Technologies Ltd. 2023 Employee        
 Stock Purchase Plan                           |
| (Full Title of                                
 the Plans)                                    |
| Pagaya US Holding                             
 Company LLC                                   
 335 Madison Ave, 16th Floor                   
 New York, New York 10017                      
 (Name and Address of Agent For Service)       
 (646) 710-7714                                
 (Telephone Number, including area code, of    
 agent for service)                            |

|                           | Copies to:                       |                             |
| Adam Kaminsky             
 Davis Polk & Wardwell LLP 
 450 Lexington Avenue      
 New York, NY 10017        
 (212) 450 4000            | Aaron M. Lampert                 
 Danny Dilbary                    
 Goldfarb Gross Seligman & Co.    
 1 Azrieli Center, Round Building 
 Tel-Aviv 6701101, Israel         
 Tel: 972-3-607-4444              | Eric Watson                 
 Pagaya Technologies Ltd.    
 335 Madison Ave, 16th Floor 
 New York, New York 10017    
 Tel: (646) 710-7714         |

Indicate by checkmark whether the registrant is
a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See
the definitions of