PROG Holdings Acquires BNPL Provider Four Technologies
July 13, 2021
PROG Holdings, the fintech holding company behind Progressive Leasing and Vive Financial, has acquired Four Technologies (Four), a Miami/Aventura-based Buy Now, Pay Later (BNPL) platform. The acquisition adds BNPL capabilities to PROG's suite of payment solutions to expand retailer payment options and diversify its consumer fintech offerings; terms were not disclosed.
- Buyers
- PROG Holdings, Inc.
- Targets
- Four Technologies, Inc. (Four)
- Industry
- Payments & Fintech
- Location
- Florida, United States
- Transaction Type
- Buyout
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