Oportun - About the company
Oportun is a public company based in Menlo Park (United States), founded in 2005. It operates as an Online platform for consumer loans. Oportun has raised $204M in funding from investors like Greylock Partners, Fidelity Investments and CRV. The company has 489 active competitors, including 28 funded and 25 that have exited. Its top competitors include companies like SoFi, Moneylion and Avant.
Company Details
Online platform for consumer loans. It provides loans without collateral to clients using a proprietary risk scoring system. It is offering personal loans and personal credit lines with a flexible repayment plan. It helps users build their credit history by reporting customer accounts to credit bureaus. It also offers credit cards to customers for making both online and offline payments.
- Website
- oportun.com
- Registered Address
- San Carlos, California
Key Metrics
Founded Year
2005
Location
Menlo Park, United States
Stage
Public
Total Funding
$204M in 12 rounds
Latest Funding Round
Investors
Ranked
10th among 489 active competitors
Annual Revenue
$500M - $1B as on Dec 31, 2025
Employee Count
3,812 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Oportun
Oportun is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
OPORTUN FINANCIAL CORP CIN: 1538716 , United States, Active | Aug 29, 2011 | $500M - $1B (As on Dec 31, 2025) | - | - |
OPRT DEVELOPMENT CENTER PRIVATE LIMITED CIN: U72900TN2019FTC133299 , India, Active | Dec 19, 2019 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 122 (As on Mar 31, 2024) | |
PROGRESS FINANCIAL CORP. CIN: 203386325 , United States, Active | Dec 31, 1999 | - | 708 (As on Dec 31, 2024) | - |
Oportun's IPO details
Oportun got listed on Sep 26, 2019.
Click here to take a look at Oportun's IPO in detail
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Oportun's funding and investors
Oportun has raised a total funding of $204M over 12 rounds. Its first funding round was on 2009. Oportun has 19 institutional investors.
Here is the list of recent funding rounds of Oportun:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 01, 2019 | 6723961 | Conventional Debt | 6581310 | 6365884 | 4476240 | 6801514 |
Jan 10, 2019 | 7688539 | Conventional Debt | 2144308 | 9354076 | 5640483 | |
Mar 09, 2018 | 2093604 | Conventional Debt | 4813193 | 9242849 | 8149244 | 2423685 |
View details of Oportun's funding rounds and investors
Oportun's founders and board of directors
Founder? Claim ProfileOportun's employee count trend
Oportun has 3,812 employees as of Sep 26. Here is Oportun's employee count trend over the years:
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Oportun's Competitors and alternates
Top competitors of Oportun include SoFi, Moneylion and Avant. Here is the list of Top 10 competitors of Oportun, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SoFi 2011, San Francisco (United States), Public | Online bank offering consumer loans and insurances | $3.04B | 86/100 | |
2nd | Moneylion 2013, Sandy (United States), Acquired | Online platform for instant consumer loans and mobile banking | $268M | 82/100 | |
3rd | Avant 2012, Chicago (United States), Series E | Online platform for consumer loans | $905M | 77/100 | |
4th | Best Egg 2000, Wilmington (United States), Acquired | Online platform for personal loans | $300M | 75/100 | |
5th | Upgrade 2016, San Francisco (United States), Acquired | Provider of consumer credit and banking products | $750M | 74/100 | |
6th | Earnest 2013, San Francisco (United States), Acquired | Direct lender for student loan refinancing and personal loans | $107M | 71/100 | |
7th | LendingPoint 2014, Atlanta (United States), Series B | Personal loans provider offering financial solutions with proprietary technology and AI | $325M | 69/100 | |
8th | Atlanticus Holdings 1996, Atlanta (United States), Public | Provider of credit cards for individuals and businesses | - | 67/100 | |
9th | Short term lending mobile application | $101M | 64/100 | ||
10th | Oportun 2005, Menlo Park (United States), Public | Online platform for consumer loans | $204M | 65/100 |
Looking for more details on Oportun's competitors? Click here to see the top ones
Oportun's Investments and acquisitions
Oportun has acquired Digit. Oportun has not made any investments as of now.Reports related to Oportun
Here is the latest report on Oportun's sector:
News related to Oportun
Media has covered Oportun for a total of 20 events in the last 1 year, 7 of them have been about company updates and 5 about people movement.
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Oportun Appoints Bernardo Martinez as Chief Retail and Sales Officer and Garrett Hope as Chief Product OfficerGlobeNewswire•Sep 22, 2026•Oportun
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Oportun Launches New Set & Save™ Smart Bills Feature to Help Members Stay Ahead of Recurring ExpensesGlobeNewswire•Jul 27, 2026•Oportun
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Oportun and Column Announce New Lending Partnership to Expand Access to Responsible CreditGlobeNewswire•Jul 10, 2026•Column, Oportun
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Oportun Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)GlobeNewswire•Jun 11, 2026•Oportun
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Oportun Named to USA Today’s America’s Best Customer Service in Financial Services List 2026GlobeNewswire•May 01, 2026•Oportun
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Oportun Financial Corporation (NASDAQ: OPRT) appoints Doug Bland as CEO for next growth phaseBusiness News Today•Apr 19, 2026•Oportun
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Oportun Celebrates “20 Years, One Mission” of Empowering AccessibilityGlobeNewswire•Apr 07, 2026•Oportun
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