PROG Holdings Company Description

PROG Holdings, Inc., a financial technology holding company, provides payment options to consumers in the United States.

It operates through two segments: Progressive Leasing and Vive. The company owns Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Vive Financial, an omnichannel provider of second-look revolving credit products.

It also provides buy now pay later payment options through four interest-free installments; and Build, a credit building financial management tool.

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.