Oportun
OverviewSuggest Edit
Oportun (also known as Progreso Financiero) is a company providing personal loans to people with little or no credit history using data analytics and technology. The company also reports customer account information to credit bureaus enabling customers to establish a credit history.
| Type | Public | |
| Founded | 2005 | |
| Website | oportun.com | |
| Employee Ratings | More |
Recent NewsAll News
Key People/Management at Oportun
Raul Vazquez
Chief Executive Officer
Ben Armstrong
Chief Marketing Officer
Casey Mueller
VP, Finance & Controller
Patrick Kirscht
Chief Credit Officer
David Needham
Chief Technology Officer
Denise Sterling
SVP, Finance
Oportun Office Locations
Oportun has offices in Elizabeth, Frisco and Menlo Park
Elizabeth, US
128 Elmora Ave unit b
Frisco, US
3201 Dallas Pkwy #700
Menlo Park, US
Nealon Park, 800 Middle Ave
Oportun Financials and Metrics
Oportun Revenue
Oportun's revenue was reported to be $600.15 m in FY, 2019
| USD | |
|---|---|
Revenue (Q1, 2020) | 163.4m |
Net income (Q1, 2020) | (13.3m) |
Market capitalization (8-Jul-2020) | 353.2m |
Closing stock price (8-Jul-2020) | 13.0 |
Cash (31-Mar-2020) | 144.8m |
EV | 262.2m |
Oportun's current market capitalization is $353.2 m.
Annual
Annual
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 384.1k |
Oportun Operating Metrics
Oportun's Active Customers was reported to be 695.7 k in FY, 2018.
Oportun Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| SpringboardAuto | October 09, 2018 | |
| Oportun Funding III, LLC | ||
| Oportun Funding II, LLC | ||
| Oportun Funding I, LLC | ||
| Oportun Funding IV, LLC | ||
| Oportun Funding IX, LLC | ||
| Oportun Funding VIII, LLC | ||
| Oportun Funding VII, LLC | ||
| Oportun Funding VI, LLC | ||
| Oportun Funding V, LLC |
Oportun Cybersecurity Score
Oportun Revenue Breakdown
Oportun revenue breakdown by business segment: 9.8% from Non-interest Income and 90.2% from Interest Income
Oportun Online and Social Media Presence
1.01k Twitter followers
Oportun has 1.01k Twitter Followers. The number of followers has increased 1.6% month over month and increased 2.3% quarter over quarter
Oportun's Trends
Twitter Engagement Stats for @oportun
126
Tweets
160
Following
1k
Followers
3
Tweets last 30 days
1
Avg. likes per Tweet
100%
Tweets with engagement
Oportun News and Updates
December 04, 2019
Oportun Celebrates First Decade as a Community Development Financial Institution
SAN CARLOS, Calif., Dec. 04, 2019 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT) today announced that it has again been certified as a Community Development Financial Institution (CDFI) by the U.S. Department of the Treasury. Originally certified as a CDFI in 2009, Oportun has been a CDFI for the past…
September 26, 2019
Peloton IPO Disappoints, But Fintech Lender Oportun Gains 8% In Nasdaq Debut
Oportun Financial, a fintech company that offers low-cost loans to those it calls “credit invisible,” raised $94 million in its IPO on Thursday.
September 26, 2019
Oportun announces pricing of initial public offering
SAN CARLOS, Calif., Sept. 25, 2019 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (“Oportun”), a high-growth, mission-driven Community Development Financial Institution (CDFI) providing inclusive, affordable financial services powered by a deep, data-driven understanding of its customers and ad…
October 09, 2018
Oportun Acquires Intellectual Property and Lending Platform of SpringboardAuto.com
SpringboardAuto.com team to join Oportun, help mission-driven lender develop responsible and affordable auto loans SpringboardAuto.com team to join Oportun, help mission-driven lender develop responsible and affordable auto loans
Oportun Blogs
March 26, 2020
Your list of resources to get through COVID-19
When things get tough, many people, organizations, and government services step up to help the people hardest hit. These unprecedented times are no different. We’re keeping an eye out for resources that could help you get through this and listing them here. If you’ve got any tips for us to add, plea…
March 23, 2020
What we’re doing about COVID-19
Updated March 20, 2020 As the impact of the coronavirus (COVID-19) is felt across the nation, we wanted to share the steps we are taking across our retail locations and business to keep you, our customers, and all members of the Oportun community safe and healthy. The health and safety of our custom…
November 14, 2019
Thanksgiving on a budget
There is so much to celebrate this time of year, from Thanksgiving to New Year’s! But when you’re in charge of the budget, festivities can quickly get expensive. Here are 15 ideas to reduce costs so you can focus on what really matters—gratitude. The best bet: Think outside the box Don’t let traditi…
August 14, 2018
Tips before buying a used car
In most parts of the US, having a car is a must. For most families, it is also one of their biggest expenses, along with housing and health insurance. That’s why it is important to invest time in researching all of your options, both online and in your general area, to find the best deal,… Continue …
August 08, 2018
3 Questions to ask yourself before applying for a loan
Life is full of surprises, and some of them require extra cash. You may have the opportunity to move into a bigger and better rental apartment, but need cash for the security deposit. Or your car might break down and need repairs. Or perhaps you need money to help a loved one with a health… Continue…
August 01, 2018
Tips to save money in your back-to-school budget
We hope you enjoyed at least a few days of relaxation this summer! But now…let’s get back to reality and schedules. We know it can be tough, but it does not have to be tough on your pocket with this back-to-school budget plan. Planning, planning, planning Notebook and pen (or a cool budgeting app on…
Oportun Frequently Asked Questions
When was Oportun founded?
Oportun was founded in 2005.
Who are Oportun key executives?
Oportun's key executives are Raul Vazquez, Ben Armstrong and Casey Mueller.
How many employees does Oportun have?
Oportun has 1,474 employees.
What is Oportun revenue?
Latest Oportun annual revenue is $600.1 m.
What is Oportun revenue per employee?
Latest Oportun revenue per employee is $407.2 k.
Who are Oportun competitors?
Competitors of Oportun include Zippi, Crédito Real and Blue Motor Finance.
Where are Oportun offices?
Oportun has offices in Elizabeth, Frisco and Menlo Park.
How many offices does Oportun have?
Oportun has 3 offices.
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