Commerce – Greek Homes http://greekhomes.info/ Sat, 18 Sep 2021 13:29:39 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://greekhomes.info/wp-content/uploads/2021/04/default.png Commerce – Greek Homes http://greekhomes.info/ 32 32 As rent protection programs expire, CFPB says tenants could be at risk http://greekhomes.info/as-rent-protection-programs-expire-cfpb-says-tenants-could-be-at-risk/ http://greekhomes.info/as-rent-protection-programs-expire-cfpb-says-tenants-could-be-at-risk/#respond Fri, 17 Sep 2021 20:07:52 +0000 http://greekhomes.info/as-rent-protection-programs-expire-cfpb-says-tenants-could-be-at-risk/ Photo (c) ejs9 – Getty Images Housing vulnerability for tenants has become a major issue for the Biden administration, but now that eviction protection has effectively ended, millions of tenants and their families at risk from COVID-19 could be at risk, according to a new report from the Consumer Financial Protection Bureau (CFPB). The report […]]]>

Photo (c) ejs9 – Getty Images

Housing vulnerability for tenants has become a major issue for the Biden administration, but now that eviction protection has effectively ended, millions of tenants and their families at risk from COVID-19 could be at risk, according to a new report from the Consumer Financial Protection Bureau (CFPB).

The report — “Financial conditions for tenants before and during the COVID-19 pandemic”- concludes that while several government relief efforts may have helped maintain the financial stability of tenants and their families, these same people may now be at risk.

“Today’s report confirms that renters, compared to owners, are more likely to be black or Hispanic, more likely to have lower incomes, and more likely to be female. They are also at particular risk of falling further behind as the country recovers from the economic impacts of COVID, ”CFPB Acting Director Dave Uejio said in a statement. Press release.

“Past recessions and depressions have seen communities of color and low-income communities of all races and ethnicities left behind as the economy as a whole recovers. We cannot repeat this story. The CFPB is committed to helping tenants and their families prosper. We must amplify and protect the modest gains tenants have made during the pandemic to ensure this country’s full and fair recovery from COVID-19. “

Certain demographic groups are hit harder than others

By comparing tenants and owners, the researchers found some interesting nuances. For example, relative to homeowners, renters are more likely to be black or Hispanic, younger, and low-income than other demographic groups.

Before the pandemic, renters’ debts were also very different from landlords. As an example, the agency cited the situation in June 2019, when tenants were more likely than landlords to have student debt and to have used some form of alternative financial service, such as payday loans and auto titles.

“During the pandemic, despite poor labor market conditions, the financial conditions of tenants, on average, seemed to improve as much or more than those of homeowners. The credit scores of tenants increased by 16 points during the pandemic, against 10 points for mortgages and 7 points for other owners, ”says the study. In particular, the report noted that in situations where renters’ credit scores may have improved, those scores remain significantly lower than those of landlords.

What tenants can do if they are affected by the change

The CFPB appears to be as proactive as possible in defending tenants in this situation – at least with credit reporting agencies such as Equifax, TransUnion and Experian. He said he reminded these businesses of their obligation to accurately report rent payments and evictions.

“Accurate reporting is now even more essential with the new mortgage underwriting process announced by Fannie Mae last week, which will add rent payments to the appraisal process for mortgage qualification and approval. The CFPB will use today’s report to indicate how best to support a recovery that is fair to tenants and all Americans, ”the agency said.

Consumers who encounter errors in rental information or other errors on their consumption reports, or believe that such errors exist, have rights and remedies. Consumers have the right to:

  • Review their credit reports from national rating agencies. Normally, consumers can request a free consumption report every 12 months from each of the three national rating agencies (Equifax, Experian, and TransUnion). However, until April 2022, consumers can request a free report every week.

  • Dispute errors identified on their consumption reports. Consumers have the right to dispute errors in their consumer reports with the CRA and / or the supplier.

  • Review their reports from other consumer rating agencies. For a list of some of the companies offering reports, such as tenant screening reports, please visit CFPB Blog.

If all else fails, the CFPB is open to complaints about its website. The agency says consumer complaints are important to its enforcement actions and consumers should feel free to report any concerns to it.


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CFPB: Tenants at risk as pandemic safety net ends http://greekhomes.info/cfpb-tenants-at-risk-as-pandemic-safety-net-ends/ http://greekhomes.info/cfpb-tenants-at-risk-as-pandemic-safety-net-ends/#respond Fri, 17 Sep 2021 15:11:58 +0000 http://greekhomes.info/cfpb-tenants-at-risk-as-pandemic-safety-net-ends/ Millions of tenants, and especially minority and low-income families, could suffer the previously averted economic damage from the COVID-19 pandemic when federal and state relief programs end, according to a report released today by the Consumer Financial Protection Bureau. The report, “Financial Conditions of Tenants Before and During the COVID-19 Pandemic,” finds that some government […]]]>

Millions of tenants, and especially minority and low-income families, could suffer the previously averted economic damage from the COVID-19 pandemic when federal and state relief programs end, according to a report released today by the Consumer Financial Protection Bureau.

The report, “Financial Conditions of Tenants Before and During the COVID-19 Pandemic,” finds that some government relief efforts have likely helped maintain financial stability for tenants and their families.

The CFPB report compared landlords and tenants and found that, on average, tenants’ economic conditions were significantly more sensitive to relief measures such as stimulus payments and changes in unemployment benefits. When these programs end, the report says, tenants and their families may be at increased risk.

“Today’s report confirms that renters, compared to owners, are more likely to be black or Hispanic, more likely to have lower incomes, and more likely to be female,” the manager said CFPB Acting Dave Uejio. “They are also at particular risk of falling further behind as the country recovers from the economic impacts of COVID. “

Past economic downturns have seen “communities of color and low-income communities of all races and ethnicities left behind as the economy as a whole recovers,” he said. “We cannot repeat this story.”

Uejio said CFPB is committed to helping tenants and their families thrive. “We need to amplify and protect the modest gains tenants have made during the pandemic to ensure this country’s full and fair recovery from COVID-19.”

Using the Making Ends Meet survey and CFPB consumer credit data, CFPB researchers found that the financial conditions faced by tenants and landlords were divergent before the pandemic. With tenants typically experiencing more financial vulnerability than landlords, they had more to gain from pandemic relief efforts than landlords and could have more to lose when such relief ended, the report said.

By comparing tenants and owners, the researchers found:

  • Renters are more likely to be black or Hispanic, are younger, and have lower incomes. Before the pandemic, the average credit scores of renters were 86 points lower than those of homeowners with a mortgage and 106 points lower than those of homeowners who reported paying no mortgages.
  • Tenants’ debts also differed significantly from landlords before the pandemic. As of June 2019, tenants had more student debt and had used some form of alternative financial service, such as a payday lender, pawnshop, or auto title loans.
  • During the pandemic, the financial conditions of tenants, on average, seemed to improve as much or more than those of landlords. Renter credit scores rose 16 points during the pandemic, compared to 10 points for mortgages and 7 points for other landlords, for example.
  • The financial conditions of tenants throughout the pandemic have been more sensitive to changes in government financial assistance than that of landlords. Delinquency, credit card use and credit card debt among renters have increased and decreased in conjunction with stimulus payments and changes in federal unemployment benefits, while delinquency, card use Homeowners’ credit card debt and credit remained relatively stable.

As government financial support for a pandemic ends, tenants risk falling even further behind the broader national recovery, the CFPB said. Renters make up more than 30% of U.S. households, and their well-being is critical to the well-being of the economy as a whole and of communities, he said.


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Oportun (OPRT) fell 0.12% in Light Trading on September 16 http://greekhomes.info/oportun-oprt-fell-0-12-in-light-trading-on-september-16/ http://greekhomes.info/oportun-oprt-fell-0-12-in-light-trading-on-september-16/#respond Fri, 17 Sep 2021 01:40:00 +0000 http://greekhomes.info/oportun-oprt-fell-0-12-in-light-trading-on-september-16/ Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange OPRT – Market data and news To exchange Oportun Financial Corp (NASDAQ: OPRT), a San Carlos, Calif., Company […]]]>

Oportun Financial Corp (NASDAQ: OPRT), a San Carlos, Calif., Company closed at $ 24.16 on Thursday after losing $ 0.03 (0.12%) on volume of 24,235 shares. The stock ranged from a high of $ 24.56 to a low of $ 23.74, while Opportunity’s market cap now stands at $ 677,620,183.

About Opportun Financial Corp

Oportun Financial Corp. is a financial services company that leverages its digital platform to deliver responsible consumer credit to hardworking people. Using AI-powered models that are based on 15 years of proprietary customer information and billions of unique data points, Oportun has provided more than $ 9.8 billion in affordable credit, providing customers with alternatives to payday and auto title loans. In recognition of its responsibly designed products that help consumers build their credit history, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009. The company recently applied for a National Banking Charter to extend its services and make its products available in all 50 states.

Visit the Opportun Financial Corp profile for more information.

About the Nasdaq Stock Market

The Nasdaq Stock Market is a global leader in trading data and services, as well as the listing of stocks and options. The Nasdaq is the world’s largest stock exchange for options volume and is home to the five largest US companies – Apple, Microsoft, Amazon, Alphabet and Facebook.

To get more information about Oportun Financial Corp and keep up with the latest company updates, you can visit the Company Profile page here: Oportun Financial Corp Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

DISCLOSURE:
The views and opinions expressed in this article are those of the authors and do not represent the views of equities.com. Readers should not take the author’s statements as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please visit: http://www.equities.com/disclaimer


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TomoCredit, a fintech that lends to low-credit, no-credit borrowers, used this 17-page pitch deck to raise its $ 10 million Series A http://greekhomes.info/tomocredit-a-fintech-that-lends-to-low-credit-no-credit-borrowers-used-this-17-page-pitch-deck-to-raise-its-10-million-series-a/ http://greekhomes.info/tomocredit-a-fintech-that-lends-to-low-credit-no-credit-borrowers-used-this-17-page-pitch-deck-to-raise-its-10-million-series-a/#respond Wed, 15 Sep 2021 12:03:26 +0000 http://greekhomes.info/tomocredit-a-fintech-that-lends-to-low-credit-no-credit-borrowers-used-this-17-page-pitch-deck-to-raise-its-10-million-series-a/ The TomoCredit team. TomoCredit TomoCredit is a fintech lender that offers credit to people with little or no credit history. He raised Wednesday his Series A led by Kapor Capital and KB Investment. Here’s the 17-page pitch deck he used to raise $ 10 million. See more stories on the Insider business page. Kristy Kim […]]]>
The TomoCredit team.

  • TomoCredit is a fintech lender that offers credit to people with little or no credit history.
  • He raised Wednesday his Series A led by Kapor Capital and KB Investment.
  • Here’s the 17-page pitch deck he used to raise $ 10 million.
  • See more stories on the Insider business page.

Kristy Kim knows firsthand the challenge of obtaining credit in the United States without an established credit history.

Kim, who arrived in the United States from South Korea, was initially unable to access credit despite his job in the investment bank after graduating from college.

“I was in my 20s, had a good income, my job was in investment banking but I couldn’t get approval for anything,” Kim told Insider. “A lot of young professionals like me, we deserve an opportunity to be considered, but just because we didn’t have a Fico we didn’t even have the chance to apply,” she added.

Kim launched TomoCredit in 2018 to help others like her access consumer credit. TomoCredit spent three years creating an internal algorithm to guarantee clients based on cash flow rather than a credit score.

The algo uses Finicity, owned by Mastercard, to access the customer’s bank account data. TomoCredit is expected to issue a total of 500,000 Mastercard credit cards by the end of the year, Kim said.

TomoCredit raised $ 10 million on Wednesday for its Series A, bringing its total funding to $ 17 million. The round was co-led by Kapor Capital and KB Investment, which is a subsidiary of a South Korean consumer bank, with participation from Lewis & Clark Ventures.

Analysis by the San Francisco-based fintech of Consumer Financial Protection Bureau data estimates that 75% of Gen Z and Gen Y have no credit history. And about 48.9 million adults were considered underbanked, meaning they had a checking or savings account but still used alternative financing services, such as payday loans and securities lending. automobiles, according to 2017 Financial Deposit Insurance Corporation data on the unbanked and underbanked. households.

With the new capital, Kim will double her employee base to 60 people, with most of the new hires focusing on artificial intelligence engineering to bolster fintech’s underwriting algorithm, she said. . A handful of new hires will help flesh out the risk management team, she added.

Here’s the 17-page pitch deck that TomoCredit used to raise its $ 10 million Series A.

TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck


TomoCredit pitch deck



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Oportun congratulates Jo Ann Barefoot, Board Member, on being named FinTech Woman of the Year by … | New http://greekhomes.info/oportun-congratulates-jo-ann-barefoot-board-member-on-being-named-fintech-woman-of-the-year-by-new/ http://greekhomes.info/oportun-congratulates-jo-ann-barefoot-board-member-on-being-named-fintech-woman-of-the-year-by-new/#respond Wed, 15 Sep 2021 12:00:00 +0000 http://greekhomes.info/oportun-congratulates-jo-ann-barefoot-board-member-on-being-named-fintech-woman-of-the-year-by-new/ SAN CARLOS, Calif., September 15, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that gives hard workers access to responsible and affordable credit, announced today that its independent board member, Jo Ann Barefoot, has been named Fintech Woman of the Year by the Finovate Awards. The Finovate […]]]>

SAN CARLOS, Calif., September 15, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that gives hard workers access to responsible and affordable credit, announced today that its independent board member, Jo Ann Barefoot, has been named Fintech Woman of the Year by the Finovate Awards.

The Finovate Fintech Woman of the Year Award is presented to a woman whose achievements and work in the fields of financial services related to fintech have helped to enhance the industry or raise her profile as a career for women through the education, leadership, mentoring, coaching or as a role model.

“I am very proud that our board member, Jo Ann Barefoot, is recognized for her unwavering commitment to financial inclusion and for helping to build regulatory platforms that have been instrumental in shaping the advancing fintech for the benefit of traditionally under-represented communities, ”said Raul Vazquez, CEO of Oportun. “We are fortunate and grateful to have the leadership and experience of Jo Ann to help us expand our mission. “

Oportun was named a finalist for the 2021 Finovate Awards for Excellence in Financial Inclusion and Best Consumer Lending Platform, and the company’s CEO, Raul Vazquez, was a finalist for Finovate Executive of the Year.

“Congratulations to all the finalists. We have been honored to be considered, and even more honored to serve our hard-working clients as they build a brighter financial future, ”added Vazquez.

As an AI-driven, inclusive and affordable financial services provider, Oportun is guided by a mission to provide affordable and responsible credit to people with low and moderate incomes. Since 2006, Oportun has loaned more than $ 10.5 billion through more than 4.3 million affordable loans that have saved clients an estimated $ 1.9 billion in interest and fees, according to a study commissioned by Timely and led by the Financial Health Network, a leading nonprofit authority on consumers. financial health.

To learn more about the Finovate Awards and all the finalists and winners, visit: https://informaconnect.com/finovate-industry-awards/awards-categories/

About Oportun Oportun (Nasdaq: OPRT) is a financial services company that leverages its digital platform to deliver responsible consumer credit to hardworking people. Using AI-powered models that are built on 15 years of proprietary customer information and billions of unique data points, Oportun has granted over 4 million loans and over $ 10 billion in affordable credit, providing its customers alternatives to payday loans and auto titles. In recognition of its responsibly designed products that help consumers build their credit history, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009.

Media Contact George Gonzalez 650-769-0441 george.gonzalez@oportun.com

Copyright 2021 GlobeNewswire, Inc.


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Oportun to Attend Barclays Global Virtual Financial Services Conference | Your money http://greekhomes.info/oportun-to-attend-barclays-global-virtual-financial-services-conference-your-money/ http://greekhomes.info/oportun-to-attend-barclays-global-virtual-financial-services-conference-your-money/#respond Mon, 13 Sep 2021 12:00:00 +0000 http://greekhomes.info/oportun-to-attend-barclays-global-virtual-financial-services-conference-your-money/ SAN CARLOS, Calif., September 13, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (“Oportun” or the “Company”) (Nasdaq: OPRT), today announced that its CEO Raul Vazquez will participate in a panel discussion. fire at the Barclays Global Virtual Financial Services conference on Tuesday, September 14, 2021. The fireside chat will be available via webcast and will […]]]>

SAN CARLOS, Calif., September 13, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (“Oportun” or the “Company”) (Nasdaq: OPRT), today announced that its CEO Raul Vazquez will participate in a panel discussion. fire at the Barclays Global Virtual Financial Services conference on Tuesday, September 14, 2021. The fireside chat will be available via webcast and will begin at 2:45 pm EST.

Investors and interested parties can listen to the fireside chat webcast by visiting the Company’s investor relations website at www.oportun.com in the Events and Presentations section at the appropriate time.

ABOUT OPORTUN

Oportun (Nasdaq: OPRT) is a financial services company that leverages its digital platform to deliver responsible consumer credit to hardworking people. Using AI-powered models that are based on 15 years of proprietary customer information and billions of unique data points, Oportun has made over 4 million loans and over $ 10 billion in affordable credit, providing its customers alternatives to payday loans and auto titles. In recognition of its responsibly designed products that help consumers build their credit history, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009. For more information, please visit https://oportun.com.

Investor contact Nils Erdmann 650-810-9074 ir@oportun.com

Media Contact George Gonzalez 650-769-0441 george.gonzalez@oportun.com

Copyright 2021 GlobeNewswire, Inc.


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Oportun Announces Closing Of $ 600 Million Warehouse Credit Facility | New http://greekhomes.info/oportun-announces-closing-of-600-million-warehouse-credit-facility-new/ http://greekhomes.info/oportun-announces-closing-of-600-million-warehouse-credit-facility-new/#respond Thu, 09 Sep 2021 20:59:31 +0000 http://greekhomes.info/oportun-announces-closing-of-600-million-warehouse-credit-facility-new/ SAN CARLOS, Calif., September 09, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that provides hard workers with access to responsible and affordable credit, today announced the closing of a new $ 600 million warehouse credit facility, backed by a portion of Oportun’s secured and unsecured personal […]]]>

SAN CARLOS, Calif., September 09, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that provides hard workers with access to responsible and affordable credit, today announced the closing of a new $ 600 million warehouse credit facility, backed by a portion of Oportun’s secured and unsecured personal loans. The new facility includes commitments from Morgan Stanley Bank, NA, Goldman Sachs Bank USA, Jefferies Funding LLC and JPMorgan Chase Bank, NA

“Oportun has developed a new approach to tackle financial inclusion, which is a serious and important societal issue that other companies have struggled to tackle on a large scale,” said Raul Vazquez, CEO of Oportun. “Our lenders continue to play an important role in our capital structure, and we can offer an even greater amount of responsible and affordable capital to hard-working clients across the country with this new line of larger warehouses. “

“This greater range of warehouses will support our continued growth in the United States, enabling us to serve an addressable market that will have nearly doubled by the end of the year thanks to our recently launched banking partnership expansion,” said Jonathan Coblentz, Financial Director of Oportun. “Oportun has a successful track record of deploying capital to positively impact the lives of the clients we serve, and this new facility is a strong indication of our lenders’ support for our financially inclusive mission. We used the closing facility yesterday to repurchase the last of our most expensive securitizations issued in 2018. The new warehouse credit facility replaces a $ 400 million facility and reduces our cost of funds.

Since its founding, Oportun has successfully provided over 4.3 million loans and $ 10.5 billion in credit, mostly in the form of small dollar loans, saving clients over $ 1.9 billion in interest. and fees compared to other options generally available to people with little or no credit. the story. By reporting repayment performance to major credit bureaus, the company has also helped over 925,000 people begin to build credit histories. About Oportun Oportun (Nasdaq: OPRT) is a financial services company that leverages its digital platform to deliver responsible consumer credit to hardworking people. Using AI-powered models that are built on 15 years of proprietary customer information and billions of unique data points, Oportun has granted over 4 million loans and over $ 10 billion in affordable credit, providing its customers alternatives to payday loans and auto titles. In recognition of its responsibly designed products that help consumers build their credit history, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009.

Investor contact Nils Erdmann 650-810-9074 ir@oportun.com

Media Contact George Gonzalez 650-769-0441 george.gonzalez@oportun.com

Copyright 2021 GlobeNewswire, Inc.


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Oportun (OPRT) fell 1.44% in Light Trading on September 7 http://greekhomes.info/oportun-oprt-fell-1-44-in-light-trading-on-september-7/ http://greekhomes.info/oportun-oprt-fell-1-44-in-light-trading-on-september-7/#respond Wed, 08 Sep 2021 01:40:00 +0000 http://greekhomes.info/oportun-oprt-fell-1-44-in-light-trading-on-september-7/ Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange OPRT – Market data and news To exchange Today’s stock of Opportun Financial Corp Inc (NASDAQ: OPRT) fell […]]]>

Today’s stock of Opportun Financial Corp Inc (NASDAQ: OPRT) fell $ 0.37, a decrease of 1.44%. Opportunity opened at $ 25.79 before trading between $ 26.09 and $ 25.24 throughout Tuesday’s session. Activity saw Opportunity’s market cap drop to $ 709,033,039 on 26,773 stocks, below their 30-day average of 52,514.

About Opportun Financial Corp

Oportun Financial Corp. is a financial services company that leverages its digital platform to deliver responsible consumer credit to hardworking people. Using AI-powered models that leverage 15 years of proprietary customer information and billions of unique data points, Oportun has provided more than $ 9.8 billion in affordable credit, providing customers with alternatives to payday loans and auto titles. In recognition of its responsibly designed products that help consumers build their credit history, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009. The company recently applied for a National Banking Charter to extend its services and make its products available in all 50 states.

Visit the Opportun Financial Corp profile for more information.

About the Nasdaq Stock Market

The Nasdaq Stock Market is a global leader in trading data and services, as well as the listing of stocks and options. The Nasdaq is the world’s largest stock exchange for options volume and is home to the five largest US companies – Apple, Microsoft, Amazon, Alphabet and Facebook.

To get more information about Oportun Financial Corp and keep up with the latest company updates, you can visit the Company Profile page here: Oportun Financial Corp Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

DISCLOSURE:
The views and opinions expressed in this article are those of the authors and do not represent the views of equities.com. Readers should not take the author’s statements as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please visit: http://www.equities.com/disclaimer


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Oportun (OPRT) gains 0.16% on moderate volume on September 3 http://greekhomes.info/oportun-oprt-gains-0-16-on-moderate-volume-on-september-3/ http://greekhomes.info/oportun-oprt-gains-0-16-on-moderate-volume-on-september-3/#respond Sat, 04 Sep 2021 01:38:00 +0000 http://greekhomes.info/oportun-oprt-gains-0-16-on-moderate-volume-on-september-3/ Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange OPRT – Market data and news To exchange Oportun Financial Corp (NASDAQ: OPRT), a San Carlos, Calif., Company […]]]>

Oportun Financial Corp (NASDAQ: OPRT), a San Carlos, Calif., Company gained to close at $ 25.65 on Friday after gaining $ 0.04 (0.16%) on volume of 37,033 shares. The stock ranged from a high of $ 26.09 to a low of $ 25.04, while Opportunity’s market cap now stands at $ 719,410,500.

About Opportun Financial Corp

Oportun Financial Corp. is a financial services company that leverages its digital platform to deliver responsible consumer credit to hardworking people. Using AI-powered models that leverage 15 years of proprietary customer information and billions of unique data points, Oportun has provided more than $ 9.8 billion in affordable credit, providing customers with alternatives to payday loans and auto titles. In recognition of its responsibly designed products that help consumers build their credit history, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009. The company recently applied for a National Banking Charter to extend its services and make its products available in all 50 states.

Visit the Opportun Financial Corp profile for more information.

About the Nasdaq Stock Market

The Nasdaq Stock Market is a global leader in trading data and services, as well as the listing of stocks and options. The Nasdaq is the world’s largest stock exchange for options volume and is home to the five largest US companies – Apple, Microsoft, Amazon, Alphabet and Facebook.

To get more information about Oportun Financial Corp and keep up with the latest company updates, you can visit the Company Profile page here: Oportun Financial Corp Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView on the basis of prices delayed by 15 minutes. All other data provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

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Oportun appoints two new independents http://greekhomes.info/oportun-appoints-two-new-independents/ http://greekhomes.info/oportun-appoints-two-new-independents/#respond Wed, 01 Sep 2021 12:01:47 +0000 http://greekhomes.info/oportun-appoints-two-new-independents/ SAN CARLOS, Calif., September 01, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (OPRT, Financial), a financial services company and digital platform that gives hardworking people access to responsible and affordable lending, today announced the addition of two new independent members to its diverse board of directors. Effective September 1, 2021, the appointments increase the Oportun […]]]>

SAN CARLOS, Calif., September 01, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (OPRT, Financial), a financial services company and digital platform that gives hardworking people access to responsible and affordable lending, today announced the addition of two new independent members to its diverse board of directors.

Effective September 1, 2021, the appointments increase the Oportun board of directors from nine to eleven members with the additions of Roy Banks and Rick Welts.

Roy Banks is the CEO of Weave Communications, Inc, an all-in-one communication and customer engagement platform for small businesses. With over 20 years of experience in high-tech software development, e-commerce, internet marketing and payment processing, Mr. Banks has also served as Managing Partner at Tritium Partners; Chairman of the LoadPay business unit and member of the Board of Directors of Truckstop.com; CEO of Network Merchants; CEO of accelerated payment technology; and President of Authorize.Net. A five-year US Navy veteran, Mr. Banks holds a bachelor’s degree in business administration from Utah Valley University.

Rick Welts has over 45 years of experience in the NBA, primarily as a league and team executive, most recently as President and COO of the Golden State Warriors. In recognition of his outsized contributions to making the NBA a global brand, Mr. Welts was inducted into the Basketball Hall of Fame. Mr. Welts has also been honored with several awards recognizing his significant contributions to the promotion of diversity, inclusion and equality in sport and society, including the ADL Torch of Liberty Award and the Davidson / Valentini of GLAAD. Mr. Welts currently serves on the NBA Team Advisory Board and the Global Inclusion Council and is a board member of the Bay Area Council, the Warriors Community Foundation and GoPro Inc. Mr. Welts is a holder of a bachelor’s degree from the University of Washington.

“Our committee unanimously recommended Roy and Rick, after extensive research, to the Oportun board of directors. Based on their diverse skills and experiences, we are confident that they will be exceptional independent directors, making the interests of our shareholders and stakeholders a priority ”, said Aida Alvarez, Chair of the Nomination, Governance and Management Committee. social responsibility of Opportunity.

“Roy and Rick bring a wealth of operating and management experience and I look forward to adding their perspectives, as well as those of Ginny Lee and Sandy Smith, to our diverse boardroom, ”said Raul Vazquez, CEO of Oportun. “Their careers demonstrate a deep understanding of clients, a creative vision and rigorous execution capabilities, as well as a strong commitment to inclusion and fairness that will serve our business well as we continue to grow our business. financially inclusive mission. “

With these additions, Opportunity’s board of directors now includes eight of the eleven members who identify themselves as members of an under-represented group.

About Opportunity
Oportun (OPRT) is a financial services company that leverages its digital platform to deliver responsible consumer credit to hardworking people. Using AI-powered models that are built on 15 years of proprietary customer information and billions of unique data points, Oportun has granted over 4 million loans and over $ 10 billion in affordable credit, providing its customers alternatives to payday loans and auto titles. In recognition of its responsibly designed products that help consumers build their credit history, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009.

Investor contact
Nils Erdmann
650-810-9074
[email protected]

Media contact
Georges gonzalez
650-769-0441
[email protected]

Oportun-Inc-.png


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