PRG

PROG Holdings, Inc. operates as a financial technology holding company specializing in lease-to-own and buy-now-pay-later solutions across multiple retail verticals. Headquartered in Salt Lake City, Utah, the company serves customers through four primary business segments: Progressive Leasing, which offers lease-purchase solutions at thousands of retail locations and online merchants; Vive Financial, providing second-look financing for consumers; Four Technologies, delivering point-of-sale technology platforms; and SLO Digital, operating a direct-to-consumer e-commerce marketplace. Progressive Leasing partners with major retailers including Best Buy, Lowe's, and Mattress Firm, enabling consumers with limited credit access to acquire furniture, electronics, appliances, and other durable goods through flexible payment arrangements. The company processes billions of dollars in transaction volume annually and employs approximately 2,500 people. PROG Holdings emerged as an independent publicly-traded entity in 2020 following its spin-off from Aaron's, Inc. The company has strategically expanded its merchant network and enhanced its proprietary decisioning technology to improve approval rates and customer experience. PROG Holdings maintains a significant presence in the growing alternative financing market, serving consumers who may not qualify for traditional credit while providing retailers with incremental sales opportunities and integrated payment solutions.