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Oportun Stock
Microlending platform
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
BlackRock
Rivian, Databricks, View, Jawbone, Scopely, Postmates, Domo, PsiQuantum, Coupang, Acorns
CRV
DoorDash, Bird, Twitter, Airtable, ClassPass, Recursion Pharmaceuticals, Freenome, Niantic, Cybereason, Patreon
DAG Ventures
Bloom Energy, FireEye, One Medical, Vectra AI, Eventbrite, Prosper Marketplace, Oportun, Taulia, Mode Media, New Relic
Fidelity Management and Research
Wheels Up, Rent the Runway, ACV, The Honest Company, MasterClass, Oportun, 10X Genomics, Heal, Shockwave Medical
Greylock Partners
AppDynamics, Airbnb, Nuro, Dropbox, Pure Storage, Cloudera, Blend, Rubrik, Convoy, Domo
IVP (Institutional Venture Partners)
UiPath, Compass, Attentive, Coinbase, Rubrik, Domo, Discord, Brex, Sumo Logic, DoubleVerify
Funding History
| January 2006 | $1.3M |
|---|---|
| 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
news - Jun, 7 2018
GlobeNewswire (press release) - Jan, 11 2018
American Banker - Jan, 10 2018
GlobeNewswire (press release) - Jan, 9 2018
Oportun - Nov, 9 2017
GlobeNewswire - Nov, 8 2017
Yahoo! Finance - Oct, 6 2017
Business Wire (press release) - Sep, 29 2017
Business Wire - Sep, 29 2017
Fast Company - Jun, 29 2017
Business Wire (press release) - May, 18 2017
San Francisco Business Times - Mar, 10 2017
Fast Company - Jan, 13 2017
Other Companies
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