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NET LOSS PER SHARE - Schedule of Earnings Per Share, Basic and Diluted (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2022
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 $ (401,406) $ (128,438) $ (302,321)  
Less: Undistributed earnings allocated to participating securities 0 0 (12,205)  
Net loss attributed to Pagaya Technologies Ltd. $ (401,406) $ (128,438) $ (314,526)  
Denominator:        
Weighted average shares used for net loss per ordinary share, basic (in shares) | shares [1] 70,879,807 60,038,893 38,253,737  
Weighted average shares used for net loss per ordinary share, diluted (in shares) | shares [1] 70,879,807 60,038,893 38,253,737  
Net loss per share attributable to ordinary shareholders, basic (in dollars per share) | $ / shares [1] $ (5.66) $ (2.14) $ (8.22)  
Net loss per share attributable to ordinary shareholders, diluted (in dollars per share) | $ / shares [1] $ (5.66) $ (2.14) $ (8.22)  
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 loss attributed to Pagaya Technologies Ltd. $ (329,754) $ (98,505) (247,919)  
Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders, diluted $ (329,754) $ (98,505) $ (247,919)  
Denominator:        
Weighted average shares used for net loss per ordinary share, basic (in shares) | shares 58,227,497 46,046,607 30,152,746  
Weighted average shares used for net loss per ordinary share, diluted (in shares) | shares 58,227,497 46,046,607 30,152,746  
Net loss per share attributable to ordinary shareholders, basic (in dollars per share) | $ / shares $ (5.66) $ (2.14) $ (8.22)  
Net loss per share attributable to ordinary shareholders, diluted (in dollars per share) | $ / shares $ (5.66) $ (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 loss attributed to Pagaya Technologies Ltd. $ (71,652) $ (29,933) (66,607)  
Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders, diluted $ (71,652) $ (29,933) $ (66,607)  
Denominator:        
Weighted average shares used for net loss per ordinary share, basic (in shares) | shares 12,652,310 13,992,286 8,100,990  
Weighted average shares used for net loss per ordinary share, diluted (in shares) | shares 12,652,310 13,992,286 8,100,990  
Net loss per share attributable to ordinary shareholders, basic (in dollars per share) | $ / shares $ (5.66) $ (2.14) $ (8.22)  
Net loss per share attributable to ordinary shareholders, diluted (in dollars per share) | $ / shares $ (5.66) $ (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.