Oportun Stock
Microlending platform
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About Oportun Stock
Oportun uses advanced data analytics and technology to provide responsible, affordable personal loans to people with little or no credit history – people others consider “unscoreable.” Since its founding in 2005, Oportun has helped a million customers by disbursing more than $4 billion in small dollar loans and by reporting account information to credit bureaus so customers can establish the credit history they need. The company operates 240+ retail locations and delivers customer service in English and Spanish across all channels, including mobile. Oportun loans are currently available in Arizona, California, Illinois, Missouri, Nevada, New Mexico, Texas, and Utah.
Investors
IVP (Institutional Venture Partners)
UiPath, Compass, Brex, Discord, Attentive, Coinbase, Rubrik, Domo, Niantic, MasterClass
BlackRock
Databricks, Rivian, Relativity Space, View, Carbon Health, Scopely, Snyk, Jawbone, MessageBird, DataRobot
Greylock Partners
AppDynamics, Airbnb, Nuro, Dropbox, Pure Storage, Cloudera, Convoy, Blend, Rubrik, Domo
CRV
DoorDash, Airtable, Bird, Fair, Cybereason, Twitter, Niantic, ClassPass, Recursion Pharmaceuticals, Freenome
Fidelity Management and Research
MasterClass, Wheels Up, Rent the Runway, Somatus, ACV, The Honest Company, Cleerly, Oportun, 10X Genomics, MNTN
Funding History
January 2006 | $1.3M |
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February 2007 | $5.0M |
May 2008 | $11.0M |
July 2010 | $28.0M |
January 2011 | $20.0M |
October 2011 | $30.0M |
January 2012 | $18.4M |
September 2013 | $46.6M |
February 2015 | $90.0M |
Management
Chief Executive Officer
Raul Vazquez
Chief Legal Officer and Corporate Secretary
Scott Harvey
Chief Financial Officer & Chief Administrative Officer
Jonathan Coblentz
Vice President, Risk Management and Chief Credit Officer
Patrick Kirscht
Chief Technology Officer
David Needham
Chief Compliance Officer
Joan Aristei
Chief Operations Officer
Matthew Jenkins
Chief People and Diversity Officer
Sonia Clark
Press
americanbanker - Mar, 14 2019
Rivalry between two Silicon Valley lenders turns personalnews - Jun, 7 2018
Listo Brings In $8.5M To Provide Financial Services To LatAm CommunityGlobeNewswire (press release) - Jan, 11 2018
Oportun Opens First Retail Locations in New Mexico, Provides Responsible and Affordable Loans to Residents With ...American Banker - Jan, 10 2018
Small-dollar lender Oportun to open 20 offices in FloridaGlobeNewswire (press release) - Jan, 9 2018
Oportun Opening 20 Locations in Florida, Providing Affordable Loans for Residents With Little or No Credit History