News and Press Releases
SAN CARLOS, CA, July 13, 2018 – Oportun, a Community Development Financial Institution (CDFI) providing inclusive, affordable financial services that empower customers to build a better future, today announced its 11th securitization, an issuance of $225 million of three-year, asset-backed bonds secured by a pool of its installment loans.
Oportun CEO Raul Vazquez joins ranks of mold-breaking entrepreneurs in the Category Disruptors category
Idaho residents with little or no credit history can now apply for Oportun’s responsible and affordable loans online and via mobile
SAN CARLOS, CA – May 21, 2018 – Oportun, a certified Community Development Financial Institution (CDFI) with a mission of providing affordable personal loans that help people with little or no credit history establish credit and [...]
Oportun now provides responsible and affordable loans to Wisconsin residents with little or no credit history
Wisconsin residents can apply by using their mobile phone or computer to go to Oportun.com
Links for Additional Context
Below are links to third-party resources and reports that might be useful in understanding Oportun’s market, financial inclusion, and small dollar credit. We are providing these links as a courtesy only and for your convenience. Oportun Financial Corporation has no control over information at sites hyperlinked to this one. Oportun makes no representation, and is not responsible for, the quality, content, nature or reliability of any hyperlinked site or of any website linked to a hyperlinked site. The inclusion of any hyperlink does not imply any endorsement, investigation, verification, or monitoring by Oportun of any information contained in any hyperlinked site. In no event shall Oportun Financial Corporation be responsible for your use of a hyperlinked site.
Please note that the Catalyst fund associated with the Center for Financial Services Innovation (CFSI) invested in Oportun in 2008 and that we recently commissioned research from consultants at CFSI Advisory Services.
Credit Invisibles and the Financially Underserved
- CFPB – 2016 Report on Credit Invisibles
- CFPB – 2015 Report on Credit Invisibles
- CFSI – Underserved Market Sizing Report
- FDIC – 2013 Survey of Unbanked and Underbanked Households
- FDIC – Website containing all data collected by FDIC on un/underbanked households