Connect Financial Platform

Connect is a financial technology software solution developed by Progressive Leasing to facilitate seamless lease-to-own transactions at the point of sale for various retailers. The platform allows merchants to integrate lease-to-own pricing and application flows directly into their e-commerce or physical checkout systems, providing customers with more flexible payment options for essential items like cell phones, furniture, and appliances.

The service was originated in the United States by Progressive Leasing, a company that has been a pioneer in the virtual lease-to-own space since its founding. Progressive Leasing operates primarily within the U.S. market, partnering with major retailers to provide credit-challenged consumers with access to necessary goods. In 2014, the company was acquired and became a subsidiary of what is now known as PROG Holdings, Inc.

Today, the platform is backed by PROG Holdings, Inc., a financial technology holding company headquartered in Salt Lake City, Utah. PROG Holdings focuses on providing consumers with financing alternatives through its different business segments, including Progressive Leasing and Vive Financial. The company continues to invest in digital-first solutions like the Connect interface to enhance the shopping experience and expand the reach of its lease-to-own portfolio.