Oportun

Oportun, Inc. is a financial services company based in San Carlos, California, founded in 2005. It specializes in providing personal loans to individuals who may lack a credit score or have limited credit history. Oportun offers a range of financial products, including small-dollar, unsecured installment loans, auto loans, and secured personal loans. In addition to lending, the company provides deposit accounts, debit card services, and budgeting tools, aiming to empower its members to achieve their financial goals. Since its inception, Oportun has disbursed over $15.5 billion in responsible credit and has helped its members save more than $2.3 billion in interest and fees, averaging annual savings of over $1,800 per member.

Nicholas LeCuyer

Senior Vice President, Strategy and Corporate Development

2 past transactions

Digit

Acquisition in 2021
Digit, Inc. is a financial technology company based in San Francisco, California, that specializes in a mobile application designed to help users manage their finances effectively. Founded in 2012, the app analyzes users' spending habits and automatically saves a tailored amount of money each day, based on their income and expenditure patterns. By utilizing machine learning and insights from behavioral psychology, Digit aims to reduce the stress associated with financial management and assists users in building a secure financial future. The platform keeps savings in a separate account and adjusts the savings amount daily, helping users achieve their financial goals without requiring constant attention.

SpringboardAuto

Acquisition in 2018
SpringboardAuto is an online auto loan platform that aims to modernize the car buying and financing experience for consumers. It offers a range of services, including auto loans for new and used vehicles, private party auto loans, and auto loan refinancing. The platform is designed to provide a seamless and user-friendly experience, allowing customers to manage their financing at their own pace. With features like a Loan Configurator, users can personalize their approved loan terms, ensuring transparency and control throughout the loan process. SpringboardAuto continuously enhances its platform based on customer feedback and market trends, striving to simplify the financing journey and foster confident, satisfied customers.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.