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Progressa Adds Commercial Growth and HR Leaders to Senior Management Team As Record Year Continues

November 26, 2018

TORONTO--(BUSINESS WIRE)--Nov 26, 2018--Progressa, a Vancouver and Toronto based financial technology company, is pleased to announce that Daniel Bazan has joined the senior management team as Vice President of Business Growth and Tamara Finlay has joined as Vice President of People & Culture.

Mr. Bazan joins Progressa with over 20 years of experience within the debt collection industry, both with collection agencies and law firms. His experience in operations and receivables management include such portfolios as Canada’s Schedule “A” banks, financial institutions, leading telecommunication portfolios along with government portfolios at both the Federal and Provincial levels. Mr. Bazan will be leading Progressa’s enterprise receivables strategy focused on collection agencies and law firms while supporting growth initiatives of various direct enterprise accounts.

Ms. Finlay joins Progressa with over 20 years of experience within the financial services industry at Canada’s Schedule “A” banks and pension plans. Her human resources leadership experience includes the establishment of human resources strategic plans to attract, engage and retain top talent with diverse, inclusive and innovative programs domestically and internationally. Ms. Finlay will be leading Progressa’s human resources portfolio focused on driving competitive advantage through people and culture.

Progressa’s CEO Ali Pourdad said “I am very excited to have two high calibre individuals join the companies senior management team. Tamara and Daniel bring over 40+ years of practical business experience from the tech and collections industries respectively. We have experienced a significant amount of change in our business activities over the last 12 months and both these individuals bring needed stability as well as best practices to the organization as we expect more exciting change moving forward.”

Progressa recently announced a $84 million funding round co-led by Canaccord Genuity and Gravitas Securities and is expected to near $100 million of loan funding before the end of 2018. With offices in Vancouver and Toronto, the Company has over 100 team members and continues to make significant investments in its proprietary credit score that drives all of its enterprise software solutions.

About Progressa Named by CB Insights to the 2018 Fintech 250, a list of the world’s top fintech startups, Progressa is Canada’s fastest growing financial technology lender focused on changing the way pay cheque to pay cheque Canadians access and build credit. Since 2013, our mission has been to build a socially responsible consumer finance company that encourages borrowing for the right reasons and that Canadians can be proud of. Our enterprise solutions suite, driven by the 4th Generation Progressa Score™, is built for collection agencies and point of sale finance.

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.

Learn more: progressa.io

View source version on businesswire.com:https://www.businesswire.com/news/home/20181126005273/en/

CONTACT: Philipp Postrehovsky

Media Relations

media@progressa.com

604.657.2775

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE OTHER TECHNOLOGY PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Progressa

Copyright Business Wire 2018.

PUB: 11/26/2018 09:00 AM/DISC: 11/26/2018 09:01 AM

http://www.businesswire.com/news/home/20181126005273/en

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