Latest news with #Oportun
Yahoo
21 hours ago
- Business
- Yahoo
Oportun to Present at Sidoti June Virtual Investor Conference
SAN CARLOS, Calif., June 09, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced that it will participate in the upcoming Sidoti June Virtual Investor Conference. Oportun's Chief Executive Officer, Raul Vazquez, and Interim Chief Financial Officer, Paul Appleton, will present and participate in investor meetings at the conference. The presentation will begin at 4:00 pm ET on June 11th and can be accessed live at this link. A link to the presentation webcast will also be accessible in the 'IR calendar' section of Oportun's Investor Relations website under 'News & Events' at A replay will be available for an additional 90 days via the same link following the conference. About Oportun Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $20.3 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit Investor ContactDorian Hare(650) 590-4323ir@ Media ContactMichael AzzanoCosmo PR for Oportunmichael@ 596-1978Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 hours ago
- Business
- Yahoo
Oportun to Present at Sidoti June Virtual Investor Conference
SAN CARLOS, Calif., June 09, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced that it will participate in the upcoming Sidoti June Virtual Investor Conference. Oportun's Chief Executive Officer, Raul Vazquez, and Interim Chief Financial Officer, Paul Appleton, will present and participate in investor meetings at the conference. The presentation will begin at 4:00 pm ET on June 11th and can be accessed live at this link. A link to the presentation webcast will also be accessible in the 'IR calendar' section of Oportun's Investor Relations website under 'News & Events' at A replay will be available for an additional 90 days via the same link following the conference. About Oportun Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $20.3 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit Investor ContactDorian Hare(650) 590-4323ir@ Media ContactMichael AzzanoCosmo PR for Oportunmichael@ 596-1978
Yahoo
5 days ago
- Business
- Yahoo
Oportun Completes $439 Million Asset Backed Securitization
5.67% average yield, 128 basis points lower than the previous ABS financing in January, AAA rating on the most senior bonds – a first for the Company SAN CARLOS, Calif., June 05, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced the issuance of $439 million of two-year revolving fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans. The offering included five classes of fixed rate notes: Class A, Class B, Class C, Class D, and Class E. Fitch rated all classes of notes, assigning ratings of AAA, AA-, A-, BBB-, and BB-, respectively. Goldman Sachs & Co. LLC served as the sole structuring agent and co-lead, and Deutsche Bank Securities Inc., Jefferies and Natixis Corporate & Investment Banking also served as co-leads. The weighted average coupon on the transaction was 5.57%, and the weighted average yield was 5.67%. The Class A notes were priced with a coupon of 4.88% per annum; the Class B notes were priced with a coupon of 5.28% per annum; the Class C notes were priced with a coupon of 5.52% per annum; the Class D notes were priced with a coupon of 6.45% per annum; and the Class E notes were priced at 98.95% with a coupon of 9.40% and a yield of 10.19% per annum. 'This transaction marks an important milestone for Oportun and reflects a growing recognition of the strength and resilience of our business. Achieving our first AAA rating demonstrates how far we've come in expanding access to affordable credit,' said Paul Appleton, Interim Chief Financial Officer at Oportun. 'The 5.67% yield on this bond issuance was 1.28% lower than our prior ABS transaction in January, reflecting robust investor demand and creating greater efficiency and value — both for Oportun and for the members we serve.' For more information visit The notes were offered pursuant to Rule 144A under the Securities Act of 1933, as amended. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. About OportunOportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $20.3 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit ContactDorian Hare(650) 590-4323ir@ Media Contact Michael Azzano Cosmo PR for Oportun (415) 596-1978 michael@
Yahoo
12-05-2025
- Business
- Yahoo
Oportun Named a Bay Area Top Workplace for 2025
SAN CARLOS, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced that it has been named a Top Workplace for 2025 by San Francisco Bay Area Top Workplaces. Oportun has been named a top place by the San Francisco Chronicle for seven years and by regional or national publications in each of the last ten years. 'Being recognized as a top workplace for ten years running is a testament to the people, culture and mission here at Oportun,' said Raul Vazquez, CEO of Oportun. 'We remain deeply committed to fostering an environment that challenges, supports and rewards team members so they can excel and thrive in their pursuit of making financial health effortless for anyone.' The Bay Area Top Workplaces list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The confidential survey uniquely measures the employee experience and its component themes, including employees feeling respected & supported, enabled to grow, and empowered to execute, to name a few. For more information about Oportun, visit About OportunOportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $20.3 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit CONTACT: Oportun Media Contact: Michael Azzano Cosmo PR for Oportun (415) 596-1978 michael@ in to access your portfolio
Business Insider
12-05-2025
- Business
- Business Insider
As a single Vietnamese American woman, I'm expected to help aging relatives. My 4-part savings strategy makes it possible.
A few years ago, when I was at lunch with my older brother and mom, I asked my mom why she decided to have kids. She responded half-jokingly, saying she wanted to have someone to love her unconditionally and take care of her in her old age. While it was a cheeky response, it was one that contained a kernel of truth. When you're growing up Vietnamese American, there are cultural expectations to help out aging family members. I've witnessed extended family help out their parents with everything from mortgages and car payments to everyday living expenses. And as receiving an inheritance isn't a given — and is an alien concept in some ways — I've reached the understanding that working toward my own financial goals and helping family members who might need a financial boost down the line are a bit of a balancing act. Here's how I aim to do both: Compare Today's Banking Offers I fold my family's living expenses into my budget My mom has never put pressure on me or my brother to help her financially. But there have been times when she could use some assistance. My mom is a nurse who works in convalescent care. And at the beginning of the pandemic, my mom was faced with unsafe working conditions. She experienced heightened anxiety and ended up needing to take a break from her job. I started to proactively help her financially when I could and offered to help pay for a couple of her bills. Instead of an additional expense, I incorporate those bills as part of my monthly budget and plan accordingly. I set up a separate 'family fund' It's an unwritten rule that if your family hasn't asked for financial help, when they get older, there will come a time when they will. To avoid being blindsided, I started a separate savings account and automated savings for every month. Just like how I have a pet fund for my cat and separate savings accounts for a "splurge fund" and a "new laptop fund," I have a place where I can squirrel away some funds in case I need to help out my family. I continue to autosave as much as possible Besides helping my family when I can, I set up autosavings for most of my goals. Like many people whose parents were immigrants, I can't count on a windfall from an inheritance nor can I expect a cash gift to put toward my down payment. And as an unmarried woman who keeps her finances entirely separate from her partner's, I'm solely responsible for my retirement and goals. Whether it's throwing a party for my cousin's upcoming wedding or a down payment on a home, I employ the "pay myself first" method where I tuck away money regularly. My favorite savings tools are Qapital, where I squirrel away savings weekly for all my goals, and Oportun, which uses an algorithm to figure out how much you can safely save and does it for you automatically. I make saving for retirement a priority While it can be easy for a self-employed freelancer such as myself to put saving for retirement on the back burner, I've committed to autosaving enough so I contribute the max to both my individual retirement account and my health savings account. I also put money into my Solo 401(k) when I can. Sometimes it's monthly, sometimes it's every quarter, and sometimes it's a few times a year. My system will never be perfect, as expectations, familial dynamics, and emotions will also be at play, but recognizing that my financial planning involves saving for my short- and long-term goals and saving to help my family — should the situation or set of circumstances arise — helps make sure I'm making steady progress toward my goals. This article was originally published in March 2022 as part of Women of Means, a series about women taking charge of their finances.
