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  <xs:element id="pgy_OtherLoansReceivableMember" abstract="true" name="OtherLoansReceivableMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_WarrantsAndRightsOutstandingRollForward" abstract="true" name="WarrantsAndRightsOutstandingRollForward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="pgy_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainOnSaleOfInvestment" abstract="false" name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainOnSaleOfInvestment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLossOnSaleOfInvestment" abstract="false" name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLossOnSaleOfInvestment" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetInKindDistributions" abstract="false" name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetInKindDistributions" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetImpairmentRecoveryNet" abstract="false" name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetImpairmentRecoveryNet" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_MeasurementInputLossRateMember" abstract="true" name="MeasurementInputLossRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_WarrantExpirationAndVestingTermsAxis" abstract="true" name="WarrantExpirationAndVestingTermsAxis" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:dimensionItem" type="xbrli:stringItemType"/>
  <xs:element id="pgy_WarrantExpirationAndVestingTermsDomain" abstract="true" name="WarrantExpirationAndVestingTermsDomain" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_WarrantsExpiringMarch2031Member" abstract="true" name="WarrantsExpiringMarch2031Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_WarrantsExpiringJune2030Member" abstract="true" name="WarrantsExpiringJune2030Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_WarrantsExpiringMarch2032Member" abstract="true" name="WarrantsExpiringMarch2032Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_WarrantsExpiringJune2027Member" abstract="true" name="WarrantsExpiringJune2027Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_CommonStockVotingRightsVotesPerCommonShare" abstract="false" name="CommonStockVotingRightsVotesPerCommonShare" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="pgy_TemporaryEquityCarryingAmountAttributableToParentGross" abstract="false" name="TemporaryEquityCarryingAmountAttributableToParentGross" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_TemporaryEquityIssuanceCosts" abstract="false" name="TemporaryEquityIssuanceCosts" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_CommonStockNumberOfSharesIssuableUponConversionOfTemporaryEquityShare" abstract="false" name="CommonStockNumberOfSharesIssuableUponConversionOfTemporaryEquityShare" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="pgy_TemporaryEquityConversionTerm" abstract="false" name="TemporaryEquityConversionTerm" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="pgy_TemporaryEquityVolumeWeightedAveragePriceNumberOfDays" abstract="false" name="TemporaryEquityVolumeWeightedAveragePriceNumberOfDays" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="pgy_TemporaryEquityVolumeWeightedAveragePricePercentage" abstract="false" name="TemporaryEquityVolumeWeightedAveragePricePercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="pgy_TemporaryEquityMinimumMultipleOfOriginalIssuePrice" abstract="false" name="TemporaryEquityMinimumMultipleOfOriginalIssuePrice" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="pgy_TemporaryEquityVolumeWeightedAveragePriceTerm" abstract="false" name="TemporaryEquityVolumeWeightedAveragePriceTerm" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="pgy_TemporaryEquityConversionNotificationPeriod" abstract="false" name="TemporaryEquityConversionNotificationPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="pgy_TemporaryEquityConversionUponMilestoneAchievement" abstract="false" name="TemporaryEquityConversionUponMilestoneAchievement" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="pgy_TemporaryEquityLiquidationPreferencePercentageOfIssuePrice" abstract="false" name="TemporaryEquityLiquidationPreferencePercentageOfIssuePrice" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="pgy_TemporaryEquityLiquidationPreferenceMultipleOfIssuePrice" abstract="false" name="TemporaryEquityLiquidationPreferenceMultipleOfIssuePrice" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="pgy_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueAbstract" abstract="true" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="pgy_March2021Member" abstract="true" name="March2021Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_December2021Member" abstract="true" name="December2021Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_ShareBasedPaymentArrangementTrancheFourMember" abstract="true" name="ShareBasedPaymentArrangementTrancheFourMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_ShareBasedPaymentArrangementThresholdTradingDays" abstract="false" name="ShareBasedPaymentArrangementThresholdTradingDays" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="pgy_PurchaseCommitmentRemainingMinimumAmountCommittedNext12Months" abstract="false" name="PurchaseCommitmentRemainingMinimumAmountCommittedNext12Months" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_GuarantorObligationsSegregatedRestrictedCash" abstract="false" name="GuarantorObligationsSegregatedRestrictedCash" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_EffectiveIncomeTaxRateReconciliationInterestExpenseAdjustmentAmount" abstract="false" name="EffectiveIncomeTaxRateReconciliationInterestExpenseAdjustmentAmount" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_EffectiveIncomeTaxRateReconciliationContingentConsiderationAmount" abstract="false" name="EffectiveIncomeTaxRateReconciliationContingentConsiderationAmount" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_EffectiveIncomeTaxRateReconciliationPreferredTechnologicalEnterpriseBenefitAdjustmentsAmount" abstract="false" name="EffectiveIncomeTaxRateReconciliationPreferredTechnologicalEnterpriseBenefitAdjustmentsAmount" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_EffectiveIncomeTaxRateReconciliationDeferredTaxAssetsNetOfValuationAllowanceAmount" abstract="false" name="EffectiveIncomeTaxRateReconciliationDeferredTaxAssetsNetOfValuationAllowanceAmount" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_EffectiveIncomeTaxRateReconciliationInterestExpenseAdjustmentPercent" abstract="false" name="EffectiveIncomeTaxRateReconciliationInterestExpenseAdjustmentPercent" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="pgy_EffectiveIncomeTaxRateReconciliationContingentConsiderationPercent" abstract="false" name="EffectiveIncomeTaxRateReconciliationContingentConsiderationPercent" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="pgy_DeferredTaxAssetsDeferredExpenseCapitalizedResearchAndDevelopmentCosts" abstract="false" name="DeferredTaxAssetsDeferredExpenseCapitalizedResearchAndDevelopmentCosts" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_DeferredTaxAssetsLeasingArrangements" abstract="false" name="DeferredTaxAssetsLeasingArrangements" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_DeferredTaxAssetInterestExpense" abstract="false" name="DeferredTaxAssetInterestExpense" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_DeferredTaxAssetsOtherComprehensiveIncome" abstract="false" name="DeferredTaxAssetsOtherComprehensiveIncome" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_UnrecognizedTaxBenefitsIncreaseDecreaseFromRevaluationNet" abstract="false" name="UnrecognizedTaxBenefitsIncreaseDecreaseFromRevaluationNet" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_SecuritizationVehiclesMember" abstract="true" name="SecuritizationVehiclesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_OtherFinancingVehiclesMember" abstract="true" name="OtherFinancingVehiclesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_ReportableSegmentMember" abstract="true" name="ReportableSegmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_SegmentReportingPersonnelRelatedCosts" abstract="false" name="SegmentReportingPersonnelRelatedCosts" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_SegmentReportingNonPersonnelRelatedCosts" abstract="false" name="SegmentReportingNonPersonnelRelatedCosts" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_LongLivedAssetsMember" abstract="true" name="LongLivedAssetsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="pgy_OtherLongLivedAssets" abstract="false" name="OtherLongLivedAssets" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="pgy_TamiRosenMember" abstract="true" name="TamiRosenMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
</xs:schema>
