PROG Holdings, Inc.
PRG
$33.26
-$0.84-2.46%
NYSE
Corporate Info
Website
Phone Number
385 351 1369
Address
256 West Data Drive
Draper, UT 84020-2315
Draper, UT 84020-2315
Country
United States
Year Founded
1955
Details
Sector
Financials
Industry
Financial Services
Employees
1,235
Business Description
PROG Holdings, Inc., a financial technology holding company, provides payment options to consumers in the United States. The company operates through two segments: Progressive Leasing and Four. It owns Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Four, which enables consumers of all credit backgrounds to pay for purchases over time through short-term, interest-free instalment buy-now-pay-later BNPL plans. The company offers Purchasing Power, that provides these underserved customers with alternatives to traditional financing options. The company was formerly known as Aaron's Holdings Company, Inc. and changed its name to PROG Holdings, Inc. in December 2020. PROG Holdings, Inc. was founded in 1955 and is based in Draper, Utah.