About PROG Holdings, Inc.
PROG Holdings, Inc. is a financial technology holding company that offers flexible payment solutions to consumers across the United States. The company operates through two primary segments:
- Progressive Leasing: A leading provider of lease-to-own solutions available in-store, via app, and through e-commerce platforms.
- Vive Financial: An omnichannel provider of second-look revolving credit products.
Additionally, PROG Holdings offers:
- Buy Now, Pay Later (BNPL) options with interest-free installment plans.
- Build: A financial management tool designed to help customers improve their credit scores.
Corporate Background:
- Formerly known as Aaron's Holdings Company, Inc., the company rebranded to PROG Holdings, Inc. in December 2020.
- Founded in 1955 and headquartered in Draper, Utah.