Finance News

Oportun and Column Announce New Lending Partnership to Expand Access to Responsible Credit

Oportun and Column Announce New Lending Partnership to Expand Access to Responsible Credit

Oportun Financial Corporation (Nasdaq: OPRT), a mission-driven financial services company that puts its members’ financial goals within reach, today announced a lending partnership with Column N.A. to support Oportun’s unsecured personal loan program.

Column, a nationally chartered bank that provides regulated financial infrastructure for technology companies, will originate unsecured personal loans through the program, and Oportun will provide the platform, including marketing, servicing, and program-support capabilities, subject to Column’s oversight and applicable regulatory requirements.

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“Oportun’s mission has always been to help our members move forward financially by providing access to responsible credit,” said Gaurav Rana, SVP General Manager, Lending at Oportun. “This partnership supports Oportun’s mission to empower more people to build a better future by expanding that access. Column brings a modern banking platform and strong regulatory foundation, and we look forward to working together to support our members while advancing Oportun’s long-term growth strategy.”

“Oportun brings a strong dedication to its members and a long history in consumer lending to this partnership,” said Brian Fishbein, Chief Investment Officer at Column. “We’re pleased to support Oportun’s focus on its members with Column’s banking platform, compliance foundation, and commitment to building long-term financial partnerships.”

The partnership reinforces Oportun’s commitment to expanding access to responsible credit while building a stronger, more scalable lending business.

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