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December 01, 2015 4:36 PM ET

Consumer Finance

Company Overview of Oportun Financial Corporation

Company Overview

Oportun Financial Corporation is a financial services company that provides credit-building loans to Hispanic individuals and entrepreneurs. Oportun Financial Corporation was formerly known as Progress Financial Corporation and changed its name to Oportun Financial Corporation in January 2015. Oportun Financial Corporation was founded in 2005 and is based in Redwood City, California with store locations in California, Texas, and Illinois.

1600 Seaport Boulevard

Suite 250

Redwood City, CA 94063

United States

Founded in 2005



Key Executives for Oportun Financial Corporation

Chief Executive Officer and Director
Age: 43
Chief Financial Officer and Chief Administrative Officer
Age: 44
Chief Credit Officer and Vice President of Risk Management
Chief Legal Officer and Corporate Secretary
Age: 61
Vice President of Marketing and Communications
Compensation as of Fiscal Year 2015.

Oportun Financial Corporation Key Developments

Oportun Reportedly Planning 2015 IPO

Oportun Financial Corporation is preparing for an initial public offering this year, according to people familiar with the matter. Oportun is working with Goldman Sachs Group Inc. and Morgan Stanley on an IPO that could value the business at around $1 billion, the people said.

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Private Placement
February 6, 2015

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