Tag : Oportun

Oportun Completes $223 Million Asset Backed Securitization
Fintech News

Oportun Completes $223 Million Asset Backed Securitization

GlobeNewswire
by GlobeNewswire0
Oportun, a mission-driven fintech, announced the issuance of $223.25 million of fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans. The offering included four classes of fixed rate notes: Class A, Class B, Class C, and Class D. KBRA rated all classes of notes, assigning......
Oportun Sells $228 Million of Loans Through Amortizing Asset-Backed Securitization
Banking Fintech News

Oportun Sells $228 Million of Loans Through Amortizing Asset-Backed Securitization

Fintech News Desk
by Fintech News Desk0
Oportun, a mission-driven fintech and digital banking platform, announced the sale of $228 million of loans through the issuance of amortizing asset-backed notes secured by a pool of its unsecured and secured personal installment loans. Oportun and funds managed by Ellington Management Group both contributed collateral and were co-sponsors of......
Oportun and Sezzle Partnering to Give Consumers More Choice in Financing Purchases
Fintech Lending News

Oportun and Sezzle Partnering to Give Consumers More Choice in Financing Purchases

Fintech News Desk
by Fintech News Desk0
Buy Now Pay Later leader becomes Oportun’s first digital-only Lending-as-a-Service partner Oportun, a mission-driven fintech company, and Sezzle, a leading mission-driven Buy Now Pay Later (BNPL) solution, announced a partnership that will provide consumers more choice when financing higher value purchases at many of Sezzle’s 44,000 online merchant partners. “This......
Oportun Announces Definitive Agreement to Acquire Digit
Fintech News

Oportun Announces Definitive Agreement to Acquire Digit

Fintech News Desk
by Fintech News Desk0
Oportun to offer unmatched neobanking platform with A.I.-driven lending, saving, investing, and banking capabilities tailored to the needs of hardworking people 1.4 million combined active members and a platform for accelerating growth Oportun, a mission-driven fintech company announced that it has signed a definitive agreement to acquire Digit (digit.co), a neobanking......
Oportun Accelerates Nationwide Expansion
Fintech News

Oportun Accelerates Nationwide Expansion

Fintech News Desk
by Fintech News Desk0
Personal Loans Now Available in 33 States, Secured Personal Loans Extended to Texas  Oportun, an A.I.-driven financial services and technology company that provides hardworking people with access to responsible and affordable loans, announced that it is now able to offer personal loans to consumers in 33 states nationwide, up from......
Oportun Applies for National Bank Charter With the Office of the Comptroller of the Currency (OCC)
Banking Fintech News

Oportun Applies for National Bank Charter With the Office of the Comptroller of the Currency (OCC)

Fintech News Desk
by Fintech News Desk0
Oportun Financial Corporation, a mission-driven financial institution providing inclusive, affordable financial services, announced it has submitted an application with the OCC to establish Oportun Bank, N.A. Read More: MortgageHippo Integrates with Snapdocs to Simplify Digital Mortgage Experience for Borrowers “A national bank charter will allow us to reach the estimated......
Oportun and DolEx to Form Strategic Fintech Lending Partnership
Business Fintech News

Oportun and DolEx to Form Strategic Fintech Lending Partnership

Fintech News Desk
by Fintech News Desk0
Binding letter of intent reflects companies’ shared commitment to financial inclusion  Oportun announced that it had signed a binding letter of intent to form a strategic fintech lending partnership with DolEx Dollar Express, Inc. The purpose of the partnership is to make Oportun originated, funded and serviced loans, all of......
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