Exhibit 23.2
Consent of Independent Registered Public Accounting Firm
We consent to the incorporation by reference in the following Registration Statements:
(1)Registration statements (Form F-3 Nos. 333-283393, 333-271343 and 333-274862) of Pagaya Technologies Ltd.,
(2)Registration Statement (Form S-3 No. 333-291957) of Pagaya Technologies Ltd., and
(3)Registration Statements (Form S-8 Nos. 333-265739, 333-274540 and 333-285754) pertaining to the 2016 Equity Incentive Plan, Stock Option Sub-Plan for United States Persons to the 2016 Equity Incentive Plan, 2021 Equity Incentive Plan, Stock Option Sub-Plan for United States Persons to the 2021 Equity Incentive Plan, 2022 Share Incentive Plan and Sub-Plan for Israeli Participants to the 2022 Share Incentive Plan, and the 2023 Employee Stock Purchase Plan of Pagaya Technologies Ltd.;
of our report dated March 2, 2026 (except for the presentation of long-term assets as described in Note 19B. and subsequent events as described in Note 20, as to which the date is June 1, 2026), with respect to the consolidated financial statements of Pagaya Technologies Ltd. and of our report dated March 2, 2026 with respect to the effectiveness of internal control over financial reporting of Pagaya Technologies Ltd. included in this Annual Report (Form 10-K/A) of Pagaya Technologies Ltd. for the year ended December 31, 2025.
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| /s/ Kost Forer Gabbay & Kasierer | |
| Kost Forer Gabbay & Kasierer | |
| A Member of EY Global | |
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| Tel Aviv, Israel | |
June 1, 2026 | |