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Oportun named one of Bay Area’s fastest-growing private companies
Mission-driven lender marks fourth consecutive appearance on annual Bay Area lists in the run-up to successful IPO
SAN CARLOS, CA–21 October 2019–Oportun (Nasdaq: OPRT) today announced that for the fourth consecutive year it has been named in both the San Francisco Business Times 100 Fastest-Growing Bay Area Private Companies and the Silicon Valley Business Journal Fast Private Awards. 2019 marks the final year of Oportun’s eligibility for the awards as the company successfully completed an Initial Public Offering (IPO) last month.
“We are proud to have been named one of the fastest-growing companies for the fourth year in a row,” said Oportun CEO Raul Vazquez. “The awards are a testament to our employees’ commitment to our mission and helping our customers build a better future. Oportun’s growth has been fueled by our desire to serve the 100 million people in the U.S. who are shut-out of the financial mainstream. These awards are recognition of our progress towards that goal.”
Earlier this year, Oportun was recognized as the Best Consumer Lending Product at the Fintech Breakthrough Awards and named one of the Bay Area’s Top Workplaces. In 2018, Oportun was named a TIME Magazine 2018 Genius Company as one of 50 businesses inventing the future.
As of 30 June 2019, all companies ranked in the San Francisco Business Times and Silicon Valley Business Journal lists were privately held corporations with documented revenue increases over the last three years as verified by independent auditors. On 26 September 2019, Oportun was listed on The Nasdaq Stock Market under the ticker symbol “OPRT.”
Oportun is a high-growth, mission-driven Community Development Financial Initiation (CDFI) and provider of inclusive, affordable financial services powered by a deep, data-driven understanding of its customers and advanced proprietary technology. By lending money to hardworking, low-to-moderate-income individuals, Oportun helps them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities. Oportun serves customers online, over the phone, or in person in English and Spanish in the following 12 states: Arizona, California, Florida, Idaho, Illinois, Missouri, Nevada, New Jersey, New Mexico, Texas, Utah, and Wisconsin.
For more information about Oportun, please visit Oportun.com.