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.
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.
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.