Progressa

Canada
Sydney Forks, Nova Scotia, Canada, V6G2Z6

Company profile

Progressa company profile

Progressa is a direct-pay lending platform that helps Canadian individuals who are in debt pay back their due bills. It pays its users’ bills directly so that they are able to manage their debts, interest payments, and collections. The platform provides its users with partial payment loans between $1,000 and $15,000 with payback terms ranging from 6 to 60 months. It enables its users to get access to automated interest rate reductions every six months, helping them cut down borrowing costs with good payment behaviour.

Business identity

Contact email
[email protected]
Phone number
(855)723-5626
Operating status
Active
Company type
For Profit
Employee range
101-250 employees
Revenue range
$50,000+
Founded
2013-01-01, Year

Headquarters

Postal code
V6G2Z6
Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
3
Total equity funding
$23.4M
Last funding
Debt Financing / $72M / 2018-08-14
Last equity funding
Series B / $12M
Investors
6
Lead investors
3
Founders
3

Founders and investors

Founders

Ali PourdadDavid GensMichael Jover

Lead investors

Canaccord Genuity GroupConconi Growth PartnersCypress Hills Partners

Investors

Canaccord Genuity GroupConconi Growth PartnersEight CapitalGravitas SecuritiesParadigm Capital