Oportun Named One of SF Bay Area's Best Places to Work

REDWOOD CITY, CA--(Marketwired - Apr 20, 2016) - Oportun today announced that for the second year in a row, it was named one of the SF Bay Area's "Best Places to Work" by the San Francisco Business Times and Silicon Valley Business Journal. Oportun is a mission-driven financial services company that uses advanced data analytics to provide responsible, credit-building loans to Hispanics and others with little or no credit history.

The annual "Best Places to Work" list evaluates employers for values such as fun, collaborative culture, solid compensation and benefits offerings and other amenities as well as management practices through extensive employee surveying. The rankings were unveiled on April 19, 2016 at the awards ceremony.

"We are thrilled to be recognized for the second year in a row as one of the best places to work in the San Francisco Bay Area," said Oportun CEO Raul Vazquez. "As a mission-driven organization, we attract people who are equally committed to their professional growth and to having a positive impact on the lives of others. There are so many things we do to make this a great place to work, but it is that common purpose that drives and inspires us."

For more information about Oportun, please visit oportun.com.

About Oportun

Oportun, formerly known as Progreso Financiero, is a mission-driven financial services company that uses advanced data analytics and technology to provide responsible, affordable personal loans to financially underserved Hispanics and others, many of whom have little or no credit history. The company's centralized data analytics system calculates each loan applicant's ability to repay, approves those loans the company believes can be paid back, and sets loan amounts and terms to fit individual budgets. Customer account information is also reported to credit bureaus to help customers establish credit history. Since its founding in 2005, Oportun has helped more than 689,000 customers by disbursing more than $2.2 billion through more than 1.3 million small dollar loans. The company delivers customer service with bilingual staff across channels and operates more than 179 locations in California, Illinois, Nevada, Texas, and Utah.