About
Oportun
Oportun is a financial services company founded in 2005, originally known as Progreso Financiero. Based in Redwood City, California, it aims to provide responsible and affordable credit to underserved communities in the United States. The company utilizes a proprietary digital platform powered by artificial intelligence and machine learning to assess creditworthiness, particularly for individuals without traditional credit histories.
Oportun primarily offers small dollar personal loans as alternatives to payday and auto title loans. It also provides credit-building opportunities and financial tools to help consumers improve their financial health. The company has originated over 4.3 million loans totaling more than $16.6 billion and has saved customers over $2.4 billion in interest and fees. Oportun serves a broad market, including individuals who have been excluded from mainstream financial services, and operates in at least 24 states with plans for further expansion. Its mission focuses on advancing economic equity by empowering consumers with affordable credit options.
Average Salary
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