$140.6-225k
Digital banking and loan platform
Posted today
Digital banking and loan platform
1001+ employees
Posted today
$140.6-225k
1001+ employees
To help people across the United States create a brighter financial future.
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
7% employee growth in 12 months
Sep 2019
$27.5m
SERIES C
Jun 2016
$22.5m
SERIES B
San Carlos, CA
Raul Vazquez
(CEO)Former EVP of Walmart. They are a Member of the Board of Directors at Intuit.
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