Press2019-07-09T13:53:12-07:00

Press

We believe that everything we do
generates progress, confidence, and
relief for our customers.

Press

We believe that everything we do generates progress, confidence, and relief for our customers.

PROGRESSA LAUNCHES TECHNOLOGY DIVISION AS IT CONTINUES TO BE A LEADER IN LENDING INNOVATION

November 14th, 2018|

Progressa announces its public launch of its enterprise suite of software solutions for collections enhancement and point of sale finance platforms.

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PROGRESSA NAMED TO THE 2018 CB INSIGHTS FINTECH 250 LIST OF FASTEST-GROWING FINTECH STARTUPS

October 22nd, 2018|

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

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PROGRESSA CLOSES $84 MILLION FUNDING ROUND CO-LED BY CANACCORD GENUITY AND GRAVITAS SECURITIES, SUPPORTING RECORD GROWTH

August 14th, 2018|

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.

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B.C. FINTECHS ‘SWEET SPOT’ AS TARGETS FOR MAJOR FINANCIAL INSTITUTION ACQUISITION

July 20th, 2018|

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.

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FINTECHS ARE STARING DOWN THE FUTURE OF BANKING

June 15th, 2018|

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.

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THE ACCOUNTANT’S PERSPECTIVE ON ENTREPRENEURSHIP

June 14th, 2018|

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.

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FOR 3.4 MILLION SUBPRIME CANADIANS, POLOZ CAN’T GO SLOWLY ENOUGH

May 9th, 2018|

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

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PROGRESSA ANNOUNCES NEW EXECUTIVE BOARD CHAIRMAN AND NEW VICE PRESIDENT OF OPERATIONS

February 26th, 2018|

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.

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BUSINESSES ADAPT TO RISE OF FINTECHS

September 26th, 2017|

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.

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