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March 19, 2019Business Wire

Progressa Surpasses $100M Debt Relief Milestone For Canadians

Progressa has surpassed the $100 million milestone in funded loans for underserved Canadian consumers.
December 21, 2018Canadian Lenders Association

Ali Pourdad, Progressa Co-Founder and CEO Joins the Canadian Lenders Association as Advocacy & Regulatory Committee Co-Chair

The Canadian Lenders Association (CLA), is pleased to announce that effective December 14, 2018, Ali Pourdad, Co-Founder and CEO of Progressa, was appointed to its Advocacy and Regulatory Committee as Co-Chair.
December 6, 2018Business Wire

Progressa Adds Fintech Marketing Leader Philipp Postrehovsky to Senior Management Team

Progressa is pleased to announce that Philipp Postrehovsky has joined the senior management team as Senior Vice President of Marketing.
November 26, 2018Business Wire

Progressa Adds Commercial Growth and HR Leaders to Senior Management Team As Record Year Continues

Progressa is pleased to announce that Daniel Bazan has joined the senior management team as Vice President of Business Growth and Tamara Finlay has joined as Vice President of People & Culture.
November 22, 2018Business Wire

Progressa Partners with Alternative Credit Fund to Support Continued Lending Growth

Progressa has partnered with the Alternative Credit Fund to facilitate up to a $13 million forward flow whole loan purchase program to support the company’s growing Point-of-Sale finance business called Progressa Connect.
November 14, 2018Business Wire

Progressa Launches Technology Division As It Continues To Be A Leader In Lending Innovation

Progressa announces its public launch of its enterprise suite of software solutions for collections enhancement and point of sale finance platforms.
October 22, 2018Business Wire

Progressa Named to the 2018 CB Insights Fintech 250 List of Fastest-Growing Fintech Startups

CB Insights today named Progressa to the second annual Fintech 250 list, a prestigious group of emerging private companies working on groundbreaking financial technology.
August 14, 2018GlobeNewswire

Progressa Closes $84 Million Funding Round Co-Led by Canaccord Genuity and Gravitas Securities, Supporting Record Growth

Progressa, a Vancouver and Toronto based financial technology company, announced today it has successfully closed an $84 million equity and loan funding round. The equity financing was co-led by Canaccord Genuity Corp. and Gravitas Securities Inc. and included Eight Capital and Paradigm Capital as part of the syndicate.
July 20, 2018Tyler Orton

B.C. fintechs ‘sweet spot’ as targets for major financial institution acquisition

When Central 1 Credit Union CEO and president Mark Blucher decided new technology was the best way to get cheaper foreign exchange rates for members, he had a decision in front of him.
June 15, 2018Barry Critchley

Fintechs are staring down the future of banking

A KiWi Private Credit Fund event this week noted that banks have left a pricing gap for mid-range loans, leaving room for some new entities to swoop in
June 14, 2018Clarity

The Accountant’s Perspective on Entrepreneurship

Some entrepreneurs can be spotted a mile away. The forceful passion and undiluted energy they convey with every word gives these daring self-starter away even before they explain their entrepreneurial inclinations.
May 9, 2018Chris Fournier

For 3.4 Million Subprime Canadians, Poloz Can't Go Slowly Enough

For many Canadians, higher interest rates are reason to grumble. But for the country’s 3.4 million subprime borrowers, they could spell disaster.
February 26, 2018Progressa

Progressa announces new Executive Board Chairman and new Vice President of Operations

Vancouver-based financial technology lender Progressa announced today that the Board of Directors has recently appointed Dave Nickel, founder of Snap Financial Group, as the Company’s new Executive Board Chairman. Mr. Nickel will succeed former Board Chairman David Gens who will continue to serve on the Board of Directors.
September 26, 2017Patrick Blennerhassett

Businesses adapt to rise of fintechs

As dissatisfaction with traditional banking rises – according to a recent study by Edelman, financial services are the least trusted major industry in the world – more and more customers are turning to financial technology (fintech) to meet their needs.
September 14, 2017Jonathan Shaanan


When discussing the topic of FinTech, we often hear generalized statements like “Canadian FinTech is growing” or questions like “how can the Canadian FinTech ecosystem rank within the top five in the world?
September 14, 2017BIV

Progressa CEO Ali Pourdad named to Business in Vancouver’s 2017 Forty under 40 winners

When discussing the topic of FinTech, we often hear generalized statements like “Canadian FinTech is growing” or questions like “how can the Canadian FinTech ecosystem rank within the top five in the world?
September 11, 2017Progressa

Progressa announces Dave Nickel joining Board of Directors

Vancouver-based financial technology lender Progressa announced today that the Company’s shareholders have recently authorized an increase in the size of the Company’s board and that Dave Nickel, founder of Snap Financial Group, has joined the Company’s Board of Directors and invested in the Company.
August 22, 2017Progressa

Progressa appoints Glenda Schmidt as Vice President Operations, Jim Chan as Vice President Engineering and announces new Toronto Office

Vancouver-based financial technology lender Progressa announced today a series of Vice President appointments.
August 21, 2017Research Briefs

Companies Targeting The Next Billion: 38 Startups Serving The Underserved

These are private companies tackling real problems that disenfranchised citizens and consumers face around the globe.
August 10, 2017Techweek

Toronto Growth Summit 2017: Customer Acquisition for Enterprise

Toronto Growth Summit 2017: Customer Acquisition for Enterprise
August 4, 2017Empire Startups

Disrupting User Behavior — 2017 Toronto Empire FinTech Conference

June 20, 2017Tyler Orton

Ottawa’s new immigration program sparks talent pool debate

When Marty Reed moved from San Francisco to Vancouver in 2015, getting a work permit was a “pretty straightforward” exercise for the venture capital veteran.
January 11, 2017Tyler Orton

Upstart Vancouver eyes Toronto’s fintech crown

After combing through his corporate inbox on a single morning in January, Mike Gardner cleared more than a dozen job applications for his Vancouver-based financial technology company.
September 14, 2017Progressa

Progressa announces new Chief Financial Officer

Vancouver-based financial technology lender Progressa announced today that Mary Lynn Tardelli, the Company's Chief Financial Officer is taking medical leave from the business at the end of January 2017
December 5, 2016Progressa

Progressa appoints Jason Wang as Vice President Risk Analytics and Karim Nanji as Vice President of Product & Partnerships

Vancouver-based financial technology lender Progressa announced today a series of Vice President appointments
November 29, 2016New Ventures BC

Fintech firms: using data innovation to improve financial health

Canada’s financial technology ventures are poised for major growth, both among industry heavyweights such as Shopify (recently valued at $1.27 billion), Verafin, and Lightspeed Retail, and within a growing group of startups making strides in the “fintech” sector
November 16, 2016Tyler Orton

B.C. 'playing catch-up' as Ontario unveils new fintech-friendly initiatives

The BC Securities Commission (BCSC) has always been “forward-thinking” when helping local financial technology (fintech) companies navigate complex regulations, according to Ali Pourdad.
October 5, 2016BIV

Why financial institutions, Vancouver startups are aiming for ‘collaboration rather than disruption’

Michael Gokturk admits offering a “very shoddy, crappy product” in 2011 when Payfirma became the first in Canada to offer mobile payment services, similar to San Francisco’s Square hardware.
July 29, 2016Progressa

Progressa Shifts Lending Operations to Capitalize on Toronto Fintech Cluster

Progressa, Canada's fastest growing financial technology company focused on helping non-prime and near-prime Canadians, announced today a restructuring that moves the entire lending operations to the recently established Greater Toronto-area office
July 20, 2016Techvibes

The Future of Credit Scoring is Data Driven

For a long time, credit scores have been the backbone of the financial industry in Canada. Using our past credit history, banks and other lenders have attempted to predict our ability to meet payment obligations before approving us for a credit product such as a credit card, loan or mortgage.
July 4, 2016IAN HARDY


Canadian startups have seen a spike in activity over the past few years. Notably, Shopify, Kik, Hootesuite, BubildDirect and Frank & Oak all leading the charge to increase Canada’s image of how tech companies should be and act in Canada.
May 25, 2017Ali Pourdad

Is The Honeymoon Phase Over For Fintech?

For the last few years the fintech industry, and specifically, alternative lenders, have been the belle of the ball. Substantial growth and strong investor confidence has left the industry with rose coloured glasses; those glasses were dramatically pulled off recently with a succession of three impactful events.

Fintech online lenders are looking at your social media footprint

A future where the time you spend on Facebook, LinkedIn and other online platforms could affect your creditworthiness isn’t merely coming – it’s already here.
March 8, 2016Marketwired

Progressa Appoints COO, CFO & CRO

progressa™, a Vancouver-based financial technology company, is pleased to announce the appointment of new Chief Operating Officer, Tony Vardy and new Chief Financial Officer, Mary Lynn Tardelli. The company is also pleased to announce that Michael Jover, previously Chief Operating Officer, will move to the newly created role of Chief Revenue Officer.
December 1, 2015Marketwired

progressa™ Announces Successful $11.4M Series A Financing and New Marketplace Investor Platform for 2016

progressa™, a Vancouver-based financial technology company focused on helping sub-prime and near-prime Canadians seeking to improve their financial health, announced today that it has closed an $11.4 million Series A equity & debt financing round led by Cypress Hills Partners and Conconi Growth Partners.
November 10, 2015Marketwired

New progressa™ Partnership Helps Canadians Improve Broken Credit

Progressa™ a Canadian online consumer instalment lender helping borrowers seeking to improve their financial health, and Centum Financial Group Inc., the leading mortgage brokerage network in Canada, today announced that progressa™ will offer their unsecured loans through Centums participating offices across Canada.