Oportun

Oportun, Inc. is a financial services company based in San Carlos, California, that specializes in providing personal loans to individuals with limited or no credit history. Founded in 2005, the company has successfully served approximately 1.9 million members by offering responsible and affordable credit solutions. Oportun's product offerings include unsecured and secured personal loans, as well as various banking services such as deposit accounts and debit card services. Since its inception, the company has disbursed over $15.5 billion in loans and has helped its members collectively save more than $2.3 billion in interest and fees. By focusing on intelligent borrowing, savings, budgeting, and spending, Oportun aims to empower its members to achieve their financial goals and build a more secure financial future.

Nicholas LeCuyer

Senior Vice President, Strategy and Corporate Development

1 past transactions

SpringboardAuto

Acquisition in 2018
SpringboardAuto is a direct-to-consumer auto loan platform transforming car buying and financing into a modern online and mobile friendly experience. Whether it’s buying from a private party, dealer or refinancing an existing loan, our platform utilizes robust technology and data to deliver a premium lending experience. Consumers enjoy a self-serve, transparent and easy-to-use online transaction that puts them in control of their financing. We empower customers to move through the loan process at their own speed and to personalize approved loan terms using our Loan Configurator. Because customer needs are at the core of what we do, our platform is designed and continually enhanced based on customer feedback and market demands. The result – a simplified loan process to meet our goal of confident customers who drive away happy.
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