PROG Holdings, Inc.

PROG Holdings, Inc. is a prominent financial technology company dedicated to expanding access to payment solutions for consumers across the United States. The company strategically operates through two distinct yet complementary segments: Progressive Leasing and Four. Progressive Leasing is a leading provider of innovative in-store, app-based, and e-commerce point-of-sale lease-to-own solutions, empowering a broad spectrum of consumers to acquire desired goods and services. Complementing this, the Four segment offers flexible, short-term, interest-free installment buy-now-pay-later (BNPL) plans, catering to individuals with diverse credit profiles. Through its Purchasing Power offering, PROG Holdings further extends its reach by providing underserved customers with viable alternatives to conventional financing methods. This multi-faceted approach positions PROG Holdings as a key player in the evolving landscape of consumer finance, focusing on accessibility and convenience for a wide customer base. The company, formerly known as Aaron's Holdings Company, Inc., has a long-standing history dating back to 1955 and is headquartered in Draper, Utah.