Affordable loans that help people with little or no credit history establish credit and build a better future
Oportun uses advanced data analytics and technology to provide responsible, affordable personal loans to people with little or no credit history – people others consider “unscoreable”. Oportun is a financial services company that uses advanced data analytics to provide responsible credit to underserved Hispanic communities.
Discussion
Fintastico Team
1 week, 4 days
https://www.einnews.com/pr_news/571248298/finte...
Fintech Company Listo! Provides Mainstream Financial Institutions Access To $2.6 Trillion Latino Market
Listo! is celebrating Cinco de Mayo with its consumer financial services to provide fair and equitable financial products to millions of Latino borrowers
Fintastico Team
3 months, 3 weeks
https://www.finextra.com/pressarticle/91077/sez...
Sezzle extends long-term financing options
Sezzle Inc. (ASX: SZL) (Sezzle or Company) // Sezzle, the leading mission-driven Buy Now, Pay Later solution, is pleased to share the expansion of its long term financing product, through its partnerships with Genesis Credit and Oportun.
Fintastico Team
4 months, 3 weeks
https://www.financemagnates.com/fintech/news/fi...
Fintech Company Oportun Completes Acquisition of Digit
Nasdaq-listed financial technology (Fintech) company, Oportun today announced the completion of the acquisition of Digit.
Fintastico Team
4 months, 3 weeks
https://www.pymnts.com/acquisitions/2021/fintec...
FinTech Oportun Acquires Banking Platform Digit
Fintech Oportun has acquired neobanking platform Digit for $211.1 million, which included an aggregate of $112.6 million in cash and $98.5 million in stock.
Fintastico Team
5 months, 2 weeks
https://www.finextra.com/pressarticle/90501/sma...
Fintastico Team
5 months, 3 weeks
https://www.fintechfutures.com/2021/11/video-fi...
Fintastico Team
5 months, 4 weeks
https://www.americanbanker.com/news/europes-neo...
Europe's neobanks find U.S. market tough to crack
N26 and Monzo halted or delayed expansion plans here largely because competition for customers was already intense and obtaining a banking license proved difficult.
Fintastico Team
6 months
https://www.fintechfutures.com/2021/11/oportun-...
Fintastico Team
6 months
https://www.finextra.com/newsarticle/39232/oppo...
Fintastico Team
7 months
https://www.americanbanker.com/news/armed-force...
Armed Forces Bank taps alternative data to lend to new recruits
New enlistees typically lack credit histories, so the $1.2 billion-asset lender is using other transaction data to underwrite loans. It's a common practice among large banks and fintechs but rare for a community bank.
Fintastico Team
7 months, 1 week
https://www.crowdfundinsider.com/2021/10/181515...
Fintastico Team
7 months, 1 week
https://www.crowdfundinsider.com/2021/10/181467...
Fintastico Team
7 months, 1 week
https://www.americanbanker.com/news/oportun-pul...
Fintastico Team
8 months
https://www.bakersfield.com/ap/news/oportun-con...
Fintastico Team
8 months, 1 week
https://www.crowdfundinsider.com/2021/09/180184...
Fintastico Team
10 months, 2 weeks
https://www.lendacademy.com/top-10-fintech-news...
Top 10 Fintech News Stories for the Week Ending July 3, 2021 - Lend Academy
Robinhood dominated the news this week with two big stories happening on consecutive days: a record FINRA fine and then releasing their S-1 in preparation for their IPO. JPMorgan continues to acquire fintechs and Chime extends its lead as the most popular digital bank. Here are what I consider to be the top 10 most …
Fintastico Team
10 months, 2 weeks
https://finance.yahoo.com/news/fintech-focus-ju...
Fintastico Team
1 year, 1 month
https://www.jdsupra.com/legalnews/trend-of-fint...
Trend of Fintech Companies Seeking U.S. Banking Licenses Continues | JD Supra
The trend of fintech companies seeking or acquiring U.S. banking licenses continues to build momentum, furthering the convergence of fintech and...
Fintastico Team
1 year, 4 months
https://www.americanbanker.com/news/hammered-by...
Fintastico Team
1 year, 4 months
https://www.americanbanker.com/news/oportuns-bi...
Oportun's bid for bank charter meets resistance
Several consumer advocacy organizations have urged the Office of the Comptroller of the Currency to deny the online lender's application for a national bank charter, citing concerns about its lending and debt-collection practices.
Fintastico Team
1 year, 9 months
https://www.lendacademy.com/top-10-fintech-news...
Top 10 Fintech News Stories for the Week Ending August 1, 2020 - Lend Academy
Here are what I consider to be the top 10 most important fintech news stories of the past week. Enova Acquires OnDeck for $90 Million from Lend Academy – Enova, best known for short term consumer loans, is acquiring OnDeck, one the leading online small business lenders, in a $90 million cash and stock deal. …
Fintastico Team
1 year, 9 months
https://www.americanbanker.com/news/consumer-le...
Consumer lender Oportun hits pause on debt collections
Many of its borrowers have struggled to make payments since the pandemic struck, so it is helping them by suspending debt collections and capping rates on new loans at 36%.
Fintastico Team
2 years, 8 months
http://www.americanbanker.com/news/calif-senate...
Calif. Senate approves interest rate cap for installment loans
The vote Friday was a victory for consumer advocacy groups that have been pushing for years to rein in lenders that charge triple-digit rates.
Fintastico Team
2 years, 9 months
http://www.americanbanker.com/news/occs-innovat...
OCC's innovation pilot gets little love from banks
Financial institutions welcome regulatory feedback on their fintech offerings, but the industry wants the agency to waive enforcement for approved products.