Oportun Wins Tearsheet Challenger Award for Serving the Underserved
December 12 2022 - 8:05AM
Oportun (Nasdaq:OPRT), a mission-driven fintech and digital banking
platform, today announced that it has been named the winner of the
2022 Tearsheet Challenger Award in the category of Serving the
Underserved. Oportun was recognized for helping people build
financial resiliency and providing financial inclusion for
hardworking people who have been traditionally ignored by the
financial mainstream and helping them build a better future.
The Tearsheet Challenger Awards are one of the financial
industry's top awards programs and recognize industry leaders in
financial services and fintech forging ahead with new services and
products to help customers save, move, and borrow money in the
modern era. This is the first time Oportun has received this
celebrated award.
“We are proud to be recognized by Tearsheet for delivering on
our mission of helping hardworking people build a better future
through responsible, affordable, and accessible financial services
that have helped more than a million people establish a credit
history,” said Raul Vazquez, Oportun CEO. “Our technology-driven
approach to borrowing, saving, banking and investing puts a better
financial future within our members’ reach.”
Since inception, Oportun has provided more than $14.7 billion in
responsible and affordable credit, saved its members more than $2.3
billion in interest and fees, and helped its members set aside an
average of $3,000 annually for rainy days and other needs.
About OportunOportun (Nasdaq: OPRT) is an
A.I.-powered digital banking platform that seeks to make financial
health effortless for anyone. Driven by a mission to provide
inclusive and affordable financial services, Oportun helps its 1.9
million hardworking members meet their daily borrowing, savings,
banking, and investing needs. Since inception, Oportun has provided
more than $14.7 billion in responsible and affordable credit, saved
its members more than $2.3 billion in interest and fees, and
automatically helped members set aside more than $8.5 billion for
rainy days and other needs. In recognition of its responsibly
designed products, Oportun has been certified as a Community
Development Financial Institution (CDFI) since 2009.
Investor Contact Dorian Hare(650)
590-4323ir@oportun.com
Media ContactUsher Lieberman(650)
769-9414usher.lieberman@oportun.com
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