Oportun Financial Corp. Stock Analysis OPRT

Oportun Financial Corp. is a mission-driven financial services company, which engages in the financial goals within reach with intelligent borrowing, savings, and budgeting capabilities, empowers members with the confidence to build a better financial future. The company is headquartered in San Carlos, California and currently employs 2,405 full-time employees. The company went IPO on 2019-09-26. The firm offers access to a suite of financial products, offered either directly or through partners, including lending and savings powered by artificial intelligence. The firm's credit products include unsecured and secured personal loans. Its unsecured personal loan is a fully amortizing installment loan with fixed payments throughout the life of the loan. Its secured personal loan is a personal installment loan product secured by an automobile. The company also offers automated savings, through its Set & Save platform. Its Set & Save product is designed to understand a member’s cash flows and save the right amount on a regular basis. The company reaches incremental members through its Lending as a Service lead generation program. The company allows consumers to become members and access its products through the Oportun Mobile App and the Oportun.com Website, which serve as its primary platforms for onboarding and providing member services.