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PRA Group, Inc. is a global financial and business services company with operations based primarily in the Americas and Europe, and to a lesser extent, Australia. The business was founded in 1996 as an acquirer and collector of U.S. consumer nonperforming loans. PRA Group currently has portfolio operations in 18 countries around the world. Through its subsidiaries, The Company's primary business is the purchase, collection, and management of portfolios of nonperforming loans. The Company also provides fee-based services on class action claims recoveries in the United States. With over 3000 employees worldwide, the company reported a total revenue of $803 million in 2023.
| Company Name | PRA Group, Inc. |
|---|---|
| Industry | Debt Collection |
| HQ Address | Norfolk, Virginia, United States |
| Revenue | $803 million [2023] |
| Employee Size | 3155 |
| Company Type | Public |
| Fiscal Year-End | December 31st |
| Website | www.pragroup.com |
| Subsidiaries | Provide, Portfolio Recovery Associates, LLC, PRA Receivables Management, LLC, PRA Holding IV, LLC, PRA Holding V, LLC, Claims Compensation Bureau, LLC |
| Locations | 18 countries |
| Competitors | Capital One, First Financial Bankshares, Penns Woods Bancorp, Encore Capital Group and Orrstown Financial Services. |
| Recognition & Awards | Two leaders from PRA Group, Inc. were honored in the 20th annual Stevie Awards for Women in Business. |
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