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NET LOSS PER SHARE (Details)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
$ / shares
shares
Jun. 30, 2022
USD ($)
$ / shares
shares
Jun. 30, 2023
USD ($)
$ / shares
shares
Jun. 30, 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 $ (31,297) $ (175,262) $ (92,268) $ (193,534)  
Less: Undistributed earnings allocated to participating securities 0 (5,531) 0 (12,205)  
Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders $ (31,297) $ (180,793) $ (92,268) $ (205,739)  
Net income (loss) per share attributable to ordinary shareholders, basic (in dollars per share) | $ / shares [1] $ (0.04) $ (0.71) $ (0.13) $ (0.89)  
Denominator:          
Weighted average shares used net income (loss) per ordinary share, basic (in shares) | shares [1] 715,317,456 255,474,778 712,643,696 230,180,474  
Weighted average shares used net income (loss) per ordinary share, diluted (in shares) | shares [1] 715,317,456 255,474,778 712,643,696 230,180,474  
Net income (loss) per share attributable to ordinary shareholders, diluted (in dollars per share) | $ / shares [1] $ (0.04) $ (0.71) $ (0.13) $ (0.89)  
Common Class A          
Allocation of undistributed earnings:          
Net loss attributable to Pagaya Technologies Ltd. shareholders   $ (162,036)   $ (185,384)  
Less: Undistributed earnings allocated to participating securities   (5,114)   (11,691)  
Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders $ (23,643) (167,150) $ (69,619) (197,075)  
Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders, basic and diluted $ (23,643) $ (167,150) $ (69,619) $ (197,075)  
Net income (loss) per share attributable to ordinary shareholders, basic (in dollars per share) | $ / shares $ (0.04) $ (0.71) $ (0.13) $ (0.89)  
Denominator:          
Weighted average shares used net income (loss) per ordinary share, basic (in shares) | shares 540,383,064 236,195,552 537,709,304 220,487,603  
Weighted average shares used net income (loss) per ordinary share, diluted (in shares) | shares 540,383,064 236,195,552 537,709,304 220,487,603  
Net income (loss) per share attributable to ordinary shareholders, diluted (in dollars per share) | $ / shares $ (0.04) $ (0.71) $ (0.13) $ (0.89)  
Common Class B          
Allocation of undistributed earnings:          
Net loss attributable to Pagaya Technologies Ltd. shareholders   $ (13,226)   $ (8,150)  
Less: Undistributed earnings allocated to participating securities   (417)   (514)  
Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders $ (7,654) (13,643) $ (22,649) (8,664)  
Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders, basic and diluted $ (7,654) $ (13,643) $ (22,649) $ (8,664)  
Net income (loss) per share attributable to ordinary shareholders, basic (in dollars per share) | $ / shares $ (0.04) $ (0.71) $ (0.13) $ (0.89)  
Denominator:          
Weighted average shares used net income (loss) per ordinary share, basic (in shares) | shares 174,934,392 19,279,226 174,934,392 9,692,871  
Weighted average shares used net income (loss) per ordinary share, diluted (in shares) | shares 174,934,392 19,279,226 174,934,392 9,692,871  
Net income (loss) per share attributable to ordinary shareholders, diluted (in dollars per share) | $ / shares $ (0.04) $ (0.71) $ (0.13) $ (0.89)  
[1] Prior period amounts have been retroactively adjusted to reflect the 1:186.9 stock split effected on June 22, 2022.