Oportun Named Best Consumer Lending Product by FinTech

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2022
41
Oportun Named Best Consumer Lending Product by FinTech Breakthrough Awards

SAN CARLOS, Calif., April 04, 2019 (GLOBE NEWSWIRE) -- This week, Oportun announced that it has been named “Best Consumer Lending Product” by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global FinTech market. The FinTech Breakthrough Awards showcase technologies and companies that drive innovation and exemplify the best in FinTech technology solutions across the globe.

“We are on a mission to provide inclusive and affordable financial services that empower our customers to build a better future,” said Raul Vazquez, Oportun CEO. “Through our innovative use of technology and data analytics we can help the 100 million individuals in the United States who are not well served by mainstream financial institutions because they do not have a credit score or are mis-scored by the credit bureaus. This recognition is an acknowledgment that our approach is working. We’ve lent over $6.4 billion in affordable loans through over 2.9 million loans, and have assisted over 700,000 people start establishing a credit score for the first time.”

In 2018, the mission-driven, technology-powered Community Development Financial Institution (CDFI) was named a “Genius” Company by Time Magazine and recognized for being one of 50 businesses inventing the future. 

About FinTech Breakthrough

The FinTech Breakthrough Awards program is the premier awards and recognition platform founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Wealth Management, Personal Finance, Lending, Payments, Banking, Investments, RegTech, InsurTech and more. The 2018 FinTech Breakthrough Awards program attracted more than 3,000 nominations from across the globe.

All award nominations were evaluated by an independent panel of experts within the FinTech industry, with the winning products and companies selected based on a variety of considerations, including innovation, design and user-experience, as well as overall technological advancement for their respective categories.

About Oportun

Oportun is a mission-driven, technology-powered provider of inclusive, affordable financial services and a certified Community Development Financial Institution. By lending money to hardworking, low-to-moderate income individuals, Oportun helps them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities. Oportun serves customers online, over the phone, and in-person in English and Spanish in the following 12 states: Arizona, California, Florida, Idaho, Illinois, Missouri, Nevada, New Jersey, New Mexico, Texas, Utah, and Wisconsin.

For more information on Oportun, please visit  oportun.com .

Press Contact: Stephanie Hicks Cosmo PR for Oportun 805/295-9455 stephanie@cosmo-pr.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Tactical Comm Market: $19.39B by 2031 Amid 8.1% CAGR

Updated Category News Views 62

Riding the Tactical Communication Wave Alright, here’s something to chew on over your morning coffee. The tactical communication market is projected to balloon from USD 13.14 billion in 2026 to a whopping USD 19.39 billion by 2031. That’s an 8.1% CAGR if you’re keeping track—no small peanuts. So what's driving this surge? It’s all about security, modernization,...

Continue Reading
Skanska's Bold CZK 2.2B Prague Venture: What's Brewing?

Updated Category News Views 40

Skanska Rolls the Dice with CZK 2.2 Billion We got Skanska pushing forward with a beefy CZK 2.2 billion investment, translating to about SEK 1 billion, into a new residential phase right in the heart of Prague. It's part of the grand Emil Kolben District project, tasked with blending modern living with low-energy savvy in a city that's slowly shrugging off its industrial...

Continue Reading
Aosom Unveils Its Boldest Black Friday Extravaganza

Updated Category News Views 31

Black Friday Heat Kicks Off Early at Aosom All the seasoned shoppers out there smell a deal from a mile away, and Aosom isn't taking any chances by launching their Black Friday bash smack dab on November 2nd. This isn’t just any sale, it’s shaping up to be their most gigantic festival of discounts yet. Across Europe and North America, folks are rubbing their hands...

Continue Reading
ZKH and Intel Launch Industrial AI Model at the Edge

Updated Category News Views 84

Industrial Revolution at the Edge Forget the horseless carriage; this time, we're talking about AI stepping onto the factory floor in China. ZKH Group Limited has spun a new yarn in MRO with its AI subsidiary, LingLong Intelligence, partnering up with tech giant Intel to launch the LingLong Insight 1.0. The venue was Intel Connection 2026 in Suzhou, China, where this...

Continue Reading
Milwaukee Cylinder Unveils Tech for Longevity in Tough Conditions

Updated Category News Views 45

Innovation Meets Contamination: ABC™ Technology Unleashed In the gritty halls of industrial manufacturing, equipment uptime can be the thin red line between profit and chaos. Milwaukee Cylinder just kicked it up a notch with their latest concoction: Active Barrier Chamber (ABC™) technology. This gizmo isn't just another shiny trinket; it's a genuine attempt to wrestle...

Continue Reading
German Court Backs Usmanov in Legal Standoff with EU

Updated Category News Views 71

Usmanov Scores a Win in German Courts The courtroom dramas play out yet again, and this time the spotlight's on Alisher Usmanov versus the European Union Council. It's a scene rich in bureaucratic fireworks, where Germany's Federal Court of Justice shined a beam of clarity amidst all that legal fog. They call it a 'landmark ruling'—a voice of reason brushing aside the...

Continue Reading
Apacer Unveils Cutting-Edge Storage at Electronica 2026

Updated Category News Views 38

Forging New Paths in Storage Tech Technology waits for no one, and Apacer knows it better than most. At electronica 2026, they're not just tossing out buzzwords—they're backing up promises with cold hard innovations. It's like watching a seasoned chess player thinking ten moves ahead in the game that is techno-evolution. This year, they've hitched a ride on the AI,...

Continue Reading
Paulex Bio's PAL-119 Trials: A New Diabetes Frontier

Updated Category News Views 31

Chasing the Holy Grail in Diabetes Treatment The pursuit of a true remedy for diabetes is almost like hunting for the mythical beast—a challenge that's left plenty of contenders biting the dust over the years. Yet, here's Paulex Bio jumping right into the fray with their groundbreaking PAL-119. They're not just peddling another temporary fix like most on the market;...

Continue Reading
Marco's Pizza Sets Sights on Major Franchise Growth

Updated Category News Views 0

Marco's Pizza is making waves in the franchising world, and it's not just because they're slinging dough to eager customers. You might want to pay attention to this Toledo-based dynamo as it lands yet again on the Franchise Times Top 400 list for 2026. This ranking, mind you, is no small potatoes; it's the real deal, vetted through a rigorous five-month process that spots...

Continue Reading
Abbott's SonicForce Impresses in Crucial Clinical Trial

Updated Category News Views 285

Breaking Through Cardiac Barriers Never thought I'd see the day when we're literally sending shockwaves through the heart, but here we are. Abbott's makin' waves, quite literally, with its SonicForce™ Coronary Intravascular Lithotripsy (IVL) System. They’ve just dropped some promising 30-day outcomes from the TECTONIC study, which has grabbed the spotlight at the...

Continue Reading

Top 5 Most Recently Viewed Articles

Enhancing Business Operations with SutiSoft's New Procurement Tool

Updated Category News Views 270

Revolutionizing Procurement through Intelligent Automation SutiSoft, a notable name in the realm of cloud-based business solutions, proudly announces the launch of its innovative procurement platform known as SutiProcure. This cutting-edge tool is designed to automate and streamline the entire procure-to-pay lifecycle, allowing businesses of all types and sizes to enhance...

Continue Reading
Investigation Launched: Bumble Inc. Faces Potential Legal Issues

Updated Category News Views 169

Bumble Inc. got hit hard with an investigation back in 2024 as the Law Offices of Howard G. Smith announced they were probing into potential legal violations tied to the company. This wasn't just some random check; it came on the heels of Bumble's ongoing struggles with its app performance and subscriber growth—definitely not a good look for any investor. Financial...

Continue Reading
Investors Urged to Join Class Action Against BellRing Brands

Updated Category News Views 79

Investors Taking Action Against BellRing Brands In recent developments, investors in BellRing Brands, Inc. (NYSE: BRBR) are coming together to address significant losses experienced due to potentially misleading statements from the company. The filing of a securities class action lawsuit marks a crucial step for individuals who acquired BellRing securities during the...

Continue Reading
Molina Healthcare's Legal Trouble: Shareholder Class Action Insights

Updated Category News Views 226

Molina Healthcare's Legal Battle: What Investors Need to Know Molina Healthcare Inc. (NYSE: MOH) finds itself at the center of a significant securities class action lawsuit that has raised alarms among investors. As details unfold, it's crucial for those who have incurred losses exceeding $100,000 to be aware of their rights and options regarding this ongoing legal...

Continue Reading
Julian Assange's Historic Testimony at the Council of Europe

Updated Category News Views 101

Julian Assange's Historic Testimony at the Council of Europe WikiLeaks founder Julian Assange is preparing for a momentous occasion as he testifies before the Committee on Legal Affairs and Human Rights of the Parliamentary Assembly of the Council of Europe (PACE). This event is particularly significant as it represents the first time Assange will speak publicly since his...

Continue Reading