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NET LOSS PER SHARE (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2022
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Jun. 23, 2022
class
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
Number of classes of ordinary shares | class       2
Allocation of undistributed earnings:        
Net loss attributable to Pagaya Technologies Ltd. shareholders $ (128,438) $ (302,321) $ (91,151)  
Less: Undistributed earnings allocated to participating securities 0 (12,205) (19,558)  
Less: Deemed dividend distribution 0 0 (23,612)  
Net income (loss) attributed to Pagaya Technologies Ltd. $ (128,438) $ (314,526) (134,321)  
Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders, diluted     $ (134,321)  
Denominator:        
Weighted average shares used for net loss per ordinary share, basic (in shares) | shares [1] 60,038,893 38,253,737 16,276,048  
Weighted average shares used for net loss per ordinary share, diluted (in shares) | shares [1] 60,038,893 38,253,737 16,276,048  
Net loss per share attributable to ordinary shareholders, basic (in dollars per share) | $ / shares [1] $ (2.14) $ (8.22) $ (8.25)  
Net loss per share attributable to ordinary shareholders, diluted (in dollars per share) | $ / shares [1] $ (2.14) $ (8.22) $ (8.25)  
Common Class A        
Allocation of undistributed earnings:        
Net loss attributable to Pagaya Technologies Ltd. shareholders   $ (238,299)    
Less: Undistributed earnings allocated to participating securities   (9,620)    
Net income (loss) attributed to Pagaya Technologies Ltd. $ (98,505) (247,919)    
Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders, diluted $ (98,505) $ (247,919)    
Denominator:        
Weighted average shares used for net loss per ordinary share, basic (in shares) | shares 46,046,607 30,152,746    
Weighted average shares used for net loss per ordinary share, diluted (in shares) | shares 46,046,607 30,152,746    
Net loss per share attributable to ordinary shareholders, basic (in dollars per share) | $ / shares $ (2.14) $ (8.22)    
Net loss per share attributable to ordinary shareholders, diluted (in dollars per share) | $ / shares $ (2.14) $ (8.22)    
Common Class B        
Allocation of undistributed earnings:        
Net loss attributable to Pagaya Technologies Ltd. shareholders   $ (64,022)    
Less: Undistributed earnings allocated to participating securities   (2,585)    
Net income (loss) attributed to Pagaya Technologies Ltd. $ (29,933) (66,607)    
Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders, diluted $ (29,933) $ (66,607)    
Denominator:        
Weighted average shares used for net loss per ordinary share, basic (in shares) | shares 13,992,286 8,100,990    
Weighted average shares used for net loss per ordinary share, diluted (in shares) | shares 13,992,286 8,100,990    
Net loss per share attributable to ordinary shareholders, basic (in dollars per share) | $ / shares $ (2.14) $ (8.22)    
Net loss per share attributable to ordinary shareholders, diluted (in dollars per share) | $ / shares $ (2.14) $ (8.22)    
[1] Share amounts have been retroactively adjusted to reflect the 1-for-12 reverse share split effected on March 8, 2024.