Oportun (formerly Digit)
Oportun, formerly Digit, is a mission-driven fintech firm offering personal loans, credit cards and savings and budgeting tools to widen access to affordable credit.
Oportun, formerly known as Digit, is a mission-driven financial services company working across financial technology and consumer lending. Its technical work centres on intelligent borrowing, savings and budgeting tools, and accessible digital financial solutions - building systems that extend affordable credit to consumers left out of the financial mainstream.
The product suite comprises personal loans, described as responsible and affordable credit products for underserved consumers; a credit card offered as part of the firm's intelligent borrowing capabilities; and savings and budgeting tools that help members set aside money. Members using the savings tools put away an average of more than $1,800 annually.
Since inception, Oportun has provided more than $19.7 billion in responsible and affordable credit, and members have saved more than $2.4 billion on interest and fees. The company operates within the financial services, consumer lending, banking and credit, and personal finance verticals. Further details on founding year, team size and funding are not disclosed.
Oportun describes itself as a mission-driven organisation with a diverse, equitable and inclusive culture, seeking a sense of belonging for all employees and encouraging them to share their perspectives. The company treats this inclusive culture as tied to organisational performance and to its stated commitment to delivering affordable credit to those excluded from the financial mainstream.