Oportun

Overview

Founded in 2005 and originally known as Progreso Financiero, this financial services company is based in Redwood City, California. It focuses on providing responsible and affordable credit to underserved communities in the United States through a proprietary digital platform powered by artificial intelligence and machine learning, helping people without traditional credit histories.

The organization offers small-dollar personal loans as alternatives to payday and auto title loans, alongside credit-building opportunities and financial tools for improved financial health. With over 4.3 million loans totaling more than $16.6 billion originated and $2.4 billion saved in interest and fees, it serves individuals excluded from mainstream financial services across at least 24 states, aiming to advance economic equity by empowering consumers with accessible credit options.

Basic Information

Industry	Financial services
Founded	2005
Revenue	903.3M
Headquarters	2 Circle Star Way, San Carlos, California, United States
Languages	English, Spanish
Alexa Ranking	103811

Contact Details

Key Focus Areas & Initiatives

Responsible lending
Prepaid debit cards
Data analytics
Fintech solutions
Personal loans
Auto loans
Machine learning applications
Consumer lending
Financial inclusion
Credit access solutions
Affordable credit options
Credit reporting for underserved communities
Digital financial services
Loan origination
Credit-building technology
Community impact investing
Digital banking
Financial literacy programs
Financial education & empowerment

Technologies Used

AI
Bluekai
CloudFlare Hosting
Cloudflare DNS
DynECT
Facebook Conversion Tracking
Microsoft Office 365
MongoDB
Outlook
Salesforce
Sendgrid
ServiceNow
WP Engine
Zendesk

Oportun | Company Profile