Purchasing Power

About Purchasing Power

PROG Holdings, Inc. is a fintech holding company based in Salt Lake City, UT, focused on providing transparent and competitive payment options and inclusive consumer financial products to empower individuals financially and help them create a better today and unlock future possibilities.

Products & Services

Progressive Leasing:A leading provider of e-commerce, app-based, and in-store lease-to-own solutions offering transparent and competitive payment options with flexible terms for consumers of all financial backgrounds to acquire products like furniture, appliances, and electronics.

Four Technologies:A Miami-based financial technology company offering Buy Now, Pay Later (BNPL) solutions through its platform 'Four', enabling retailers to provide payment flexibility with interest-free installments while increasing transaction volume and ticket size.

MoneyApp:A digital cash-advance app that helps people cover everyday expenses with extra flexibility between paychecks, offering quick fund access and short-term financial management via a user-friendly mobile experience.

Purchasing Power:A voluntary benefit company providing financial wellness solutions to employers, including an employee purchase program for consumer products and services using payroll deduction, available to millions through large companies and government agencies.

Specialties

Lease-to-own solutions Buy Now Pay Later (BNPL) solutions Digital cash-advance services Financial wellness programs

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Asset-Backed Securities T: - FT: Asset-Backed Securities	A: 225000000 MR: - FA: 225 million FAN: 225000000	D: 2026-03-03 FD: 2026-03-03	2 investors

Asset-Backed Securities Latest

2026-03-03

$225.0M

2 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

J

John A. Baugh

VP, Investor Relations

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