Exhibit 10.1 Execution Version PREFERRED SHARES PURCHASE AGREEMENT This PREFERRED SHARES PURCHASE AGREEMENT (this “Agreement”) is entered into on April 14, 2023, by and between Pagaya Technologies Ltd., a company organized under the laws of Israel (“Pagaya” or the “Company”), Oak HC/FT Partners V, L.P., Oak HC/FT Partners V-A, L.P. and Oak HC/FT Partners V-B, L.P (together, the “Investor”). WHEREAS, subject to the terms and conditions set forth in this Agreement and pursuant to Section 4(a)(2) of the Securi ...