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

Contact Details

• Phone: +1 650-810-8823
• Website: oportun.com
• LinkedIn: linkedin.com/company/oportun

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

Affiliated Organizations & Regional Branches

• SpringboardAuto (Acquired by Oportun, Inc.)
• Digit
• Hello Digit, Inc.