Progressa Launches Technology Division As It Continues To Be A Leader In Lending Innovation
Summary
The Progressa Score is backed by over 6 years, and 120 million actionable data points related to Canadian non-prime consumers with industry leading predictiveness of repayment.ProgressaEngage is the industry’s only loan origination software for collection agencies and debt purchasers, allowing both to offer real-time financing solutions to consumers, with traditionally low credit scores, that may be struggling to repay their debts and experiencing stress, while Progressa Optimize is an industry leading segmentation tool and collection strategy, that allows enterprise to create more effective engagement for their consumers, and drive healthier recoveries as well as protect their reputation.Both Engage and Optimize are used to drive collection recoveries for bank credit cards, telecoms, utilities, and other consumer aged receivables.We empower collection agencies to offer proactive solutions and drive healthy recoveries while protecting brand loyalty with industry leading NPS and servicing.For point of sale finance we allow platform partners and other originators to expand their merchant offerings to service non-prime consumers and achieve industry leading approval rates.