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.
Employee Ratings3.9

Latest Updates

Employees (est.) (Sept 2019)1,474(+5%)
Job Openings36
Revenue (FY, 2019)$600.1 M(+21%)
Share Price (Jul 2020)$13 (+3%)
Cybersecurity ratingBMore

Key People/Management at Oportun

Raul Vazquez

Raul Vazquez

Chief Executive Officer
Ben Armstrong

Ben Armstrong

Chief Marketing Officer
Casey Mueller

Casey Mueller

VP, Finance & Controller
Patrick Kirscht

Patrick Kirscht

Chief Credit Officer
David Needham

David Needham

Chief Technology Officer
Denise Sterling

Denise Sterling

SVP, Finance
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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
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Oportun Financials and Metrics

Oportun Revenue

Oportun's revenue was reported to be $600.15 m in FY, 2019

Revenue (Q1, 2020)


Net income (Q1, 2020)


Market capitalization (8-Jul-2020)


Closing stock price (8-Jul-2020)


Cash (31-Mar-2020)



Oportun's current market capitalization is $353.2 m.
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USDQ3, 2019Q1, 2020



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USDQ3, 2019Q1, 2020



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Purchases of PP&E

USDQ3, 2019Q1, 2020

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Oportun Operating Metrics

Oportun's Active Customers was reported to be 695.7 k in FY, 2018.
FY, 2016FY, 2017FY, 2018Sep, 2019

Active Customers

492.03 k582.95 k695.70 k

Customer Acquisition Cost

$85 $112 $120

Customer Applications Processed to Date

7.30 m

Loans Originated

$1.10 b$1.37 b$1.76 b
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Oportun Acquisitions / Subsidiaries

Company NameDateDeal Size
SpringboardAutoOctober 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
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Oportun Cybersecurity Score

Cybersecurity ratingPremium dataset



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Oportun Revenue Breakdown

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Oportun revenue breakdown by business segment: 9.8% from Non-interest Income and 90.2% from Interest Income

Oportun Online and Social Media Presence

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Oportun News and Updates

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…

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.

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…

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

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…

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…

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…

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 …

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…

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…
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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.