Latest news with #RaulVazquez
Yahoo
16-07-2025
- Business
- Yahoo
Oportun Named to the CNBC World's Top Fintech Companies 2025 List
SAN CARLOS, Calif., July 16, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced that it has been named to the third edition of CNBC's World's Top Fintech Companies 2025 for the second year in a row. Oportun was recognized for its intelligent borrowing, savings, and budgeting tools that enable its members to build a better financial future. This prestigious award, presented in partnership with Statista, is based on an in-depth analysis of key performance indicators for more than 2,000 eligible companies using publicly available sources such as annual reports, media monitoring, and company websites. 'Oportun is committed to helping our members take control of their finances and move forward with confidence, ' said Raul Vazquez, CEO of Oportun, 'Being recognized as one of the world's top fintech companies by CNBC is a powerful validation of our mission, our incredible team, and the impact that our technology-driven solutions provide for deserving individuals who might otherwise be ignored by mainstream finance.' 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 Oportun Media Contact: Stephanie HicksCosmo PR for Oportun(805) 295-9455stephanie@ 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
Globe and Mail
14-07-2025
- Business
- Globe and Mail
Oportun Enters Cooperation Agreement with Findell Capital
SAN CARLOS, Calif., July 14, 2025 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) ('Oportun' or the 'Company'), a mission-driven financial services company, today announced it has entered into a multi-year cooperation agreement (the 'Agreement') with Findell Capital Management LLC (collectively with its affiliates, 'Findell') to end the contested director election. Under the terms of the Agreement, Findell has agreed to support and vote in favor of Oportun's nominees, CEO Raul Vazquez and Carlos Minetti, at the 2025 Annual Meeting of Stockholders (the 'Annual Meeting') and the Oportun Board of Directors (the 'Board') has agreed to appoint Warren Wilcox to the Board as a Class III director following the Annual Meeting, with a term expiring at the Company's 2028 Annual Meeting of Stockholders. Following the appointment of Mr. Wilcox, the Board will consist of nine directors. One incumbent director will retire at or before Oportun's 2026 Annual Meeting of Stockholders. In connection with the Agreement, Findell has agreed to withdraw its notice of intent to nominate a director candidate for election to the Board at the Annual Meeting. The Agreement also contains customary standstill and non-disparagement provisions and voting commitments, and will remain in effect until 15 days before the nomination deadline for the Company's 2028 Annual Meeting. The foregoing summary of the Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Agreement, which will be filed as an exhibit to a Current Report on Form 8-K with the U.S. Securities and Exchange Commission (the 'SEC'). 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 Cautionary Statement on Forward-Looking Statements Certain statements in this communication are 'forward-looking statements.' These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this communication, including statements as to the operation of the Agreement, are forward-looking statements. These statements can be generally identified by terms such as 'expect,' 'plan,' 'goal,' 'target,' 'anticipate,' 'assume,' 'predict,' 'project,' 'outlook,' 'continue,' 'due,' 'may,' 'believe,' 'seek,' or 'estimate' and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as 'will,' 'should,' 'would,' 'likely' and 'could.' These statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events, financial trends and risks and uncertainties that we believe may affect our business, financial condition and results of operations. These risks and uncertainties include those risks described in our filings with the SEC, including our most recent annual report on Form 10-K for the year ended December 31, 2024, as well as our subsequent filings with the SEC. These forward-looking statements speak only as of the date on which they are made and, except to the extent required by federal securities laws, we disclaim any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as required by law. In light of these risks and uncertainties, there is no assurance that the events or results suggested by the forward-looking statements will in fact occur, and you should not place undue reliance on these forward-looking statements. Investor Contact Dorian Hare (650) 590-4323 ir@ Innisfree M&A Incorporated Scott Winter / Gabrielle Wolf / Jonathan Kovacs (212) 750-5833 Media Contact FGS Global John Christiansen / Bryan Locke Oportun@
Yahoo
08-07-2025
- Business
- Yahoo
Strength Seen in Oportun Financial (OPRT): Can Its 8.6% Jump Turn into More Strength?
Oportun Financial Corporation (OPRT) shares soared 8.6% in the last trading session to close at $7.69. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.7% gain over the past four weeks. Oportun extended its gains for the third consecutive session, climbing higher yesterday after the company issued a letter to shareholders reaffirming its support for CEO Raul Vazquez. In the letter, Oportun urged investors to vote in favor of retaining Vazquez on the board, countering efforts by Findell Capital Management to oust him. The show of confidence in the CEO appeared to boost investor sentiment, pushing OPRT stock higher. This company is expected to post quarterly earnings of $0.21 per share in its upcoming report, which represents a year-over-year change of +162.5%. Revenues are expected to be $239.79 million, down 4.2% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Oportun Financial, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on OPRT going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Oportun Financial belongs to the Zacks Financial - Miscellaneous Services industry. Another stock from the same industry, StepStone Group Inc. (STEP), closed the last trading session 0.1% higher at $57.08. Over the past month, STEP has returned -1.8%. For StepStone Group, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.41. This represents a change of -14.6% from what the company reported a year ago. StepStone Group currently has a Zacks Rank of #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oportun Financial Corporation (OPRT) : Free Stock Analysis Report StepStone Group Inc. (STEP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
23-06-2025
- Business
- Yahoo
Findell Capital Issues Rebuttal Presentation on Oportun Financial and Notes Support of Oportun Founder and Former CEO James Gutierrez
Highlights the Support of Oportun Founder and Former CEO James Gutierrez, who Wrote that Findell Has "Offered a Smart, Focused Plan to Restore Value" Outlines How the Company Forced a Costly Proxy Contest by Refusing to Fill Board Leadership Positions with Independent Directors Who Possess Lending Industry Experience and by Ousting Former OneMain Financial CFO Scott Parker from the Board Makes Clear That Removing Failed CEO Raul Vazquez from the Board Would Strengthen the Board's Oversight of Management Reiterates That Oportun Significantly Underperformed Peers Prior to Findell's Involvement – and That Further Board Refreshment Is Needed to Prevent Additional Value Destruction NEW YORK, June 23, 2025 /PRNewswire/ -- Findell Capital Partners, LP, (together with its affiliates, "Findell," "we" or "us") one of the largest stockholders of Oportun Financial Corporation (NASDAQ: OPRT) ("Oportun" or the "Company"), today issued a rebuttal presentation correcting false and misleading statements made in the Company's June 18th presentation. Earlier today, Oportun Founder and former CEO James Gutierrez released an open letter to stockholders: see here . In the letter, Mr. Gutierrez expressed support for Findell's case for boardroom change at Oportun, writing that "Findell Capital has accurately diagnosed the root causes of this [valuation] gap and offered a smart, focused plan to restore value." He also endorsed the election of Warren Wilcox to the Board of Directors (the "Board") in place of Raul Vazquez. Findell is seeking to strengthen the Board's lending industry credentials, independence and oversight of management at the 2025 Annual Meeting of Stockholders. We urge stockholders to vote today FOR the election of independent lending industry veteran Warren Wilcox to the Board on the WHITE proxy card. Visit to learn more. Contact: Findell Capital Management, LLC88 Pine Street, 22nd York, NY 10005 info@ OR Saratoga Proxy Consulting LLCJohn Ferguson info@ View original content: SOURCE Findell Capital Management, LLC Error 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
09-06-2025
- 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
