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Oportun
Digital banking and loan platform
- 1001+ employees
- Fintech
- B2C
- Artificial Intelligence
- Personal finance
- Lending
- Financial Services
- San Carlos, CA
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Company mission
To help people across the United States create a brighter financial future.
7% employee growth in 12 months
Our take
Oportun is an AI-powered digital banking platform that makes financial health effortless for anyone. Following the company’s acquisition of former competitor Digit, it has expanded its services to offer a wider range of bank features – now providing personal loans, credit cards, saving accounts, and an investment app.
Younger generations have struggled with the “you have to have credit to build credit” as legacy banking systems tend to give those beginning their credit journeys a bad deal. Capitalizing on the growth in popularity of mobile banking apps, companies like Oportun provide affordable and accessible financial services to the vast majority of Millennials and Gen Z already using mobile banking apps.
While Oportun faces a number of strong market competitors, its millions of customers have accessed more than $14 billion in credit and $2.3 billion in interest and fee savings, and will use a recent loan from Neuberger Berman to support the continued growth in the business.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- We include remote work options for many of our positions
- We offer competitive compensation packages that demonstrate our commitment to building and strengthening our team of passionate, talented professionals
- We provide paid time off to help our hardworking team recharge or give back
- We run bonus and incentive programs to recognize top performers and encourage ambitious thinking
- We offer comprehensive healthcare packages, including medical, dental, vision, and flexible spending accounts (FSA)
- We believe that inclusive communities are more dynamic and more resilient, so we actively seek different perspectives to broaden the Oportun team
- We work with people from a variety of backgrounds who bring their expertise to the table to solve the problems for our community members
- We sponsor company-wide events that focus on ways to continually create a culture that better supports diversity, equity, inclusion, and belonging (DEIB)
- We champion employee-led resource groups that help our team connect, learn, and support each other
- We think team building should be fun, so we have a penchant for virtual coffee chats, holiday parties, and events on Oportun Connect where we can pursue wellness, learn, and get to know each other better
- We believe there’s a leader and a pioneer in every member of our team—and we make sure to recognize that spirit
Funding (last 2 of 5 rounds)
Sep 2019
$27.5m
SERIES C
Jun 2016
$22.5m
SERIES B
Total funding: $66.3m
This company has top investors
Leadership
Raul Vazquez
(CEO)Former EVP of Walmart. They are a Member of the Board of Directors at Intuit.
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Jobs (2)
Operations & Strategy