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OPRT Oportun Financial

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  • 2.650
  • +0.090+3.52%
Close Oct 18 16:00 ET
94.67MMarket Cap-874P/E (TTM)
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    $Oportun Financial (OPRT.US)$
    Oportun Announces Definitive Agreement to Sell its Credit Card Portfolio
    Oportun (Nasdaq: OPRT) has announced a definitive agreement to sell its credit card portfolio to Continental Finance. This move is part of Oportun's strategy to enhance profitability by focusing on its core products: unsecured personal loans, secured personal loans, and the Set & Save™ savings product. The transaction is now expected to close around November 10, 2024, later than initially pl...
    $Oportun Financial (OPRT.US)$ Oportun Announces $306 Million Committed Warehouse Facility Extension
    3 MINUTES AGO, 6:09 PM EDT
    VIA GLOBENEWSWIRE
    SAN CARLOS, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, today announced the closing of an amendment and extension to its long-term warehouse facility. Features of this facility include:
    • $306 million total commitment
    • Goldman Sachs as senior lender – and Jefferies, as mezzanine...
    $Oportun Financial (OPRT.US)$
    Oportun Completes $223 Million Asset Backed Securitization
    Oportun (Nasdaq: OPRT), a mission-driven fintech, has successfully completed a $223.25 million asset-backed securitization. The offering included four classes of fixed rate notes secured by a pool of unsecured and secured installment loans. KBRA rated the notes AA-, A-, BBB-, and BB- for Class A, B, C, and D respectively. The weighted average coupon on the transaction was 8.07%, with individual class coup...
    Oportun Financial Corp Surpasses Q1 2024 Revenue Estimates - A Deep Dive into Their Preliminary Financials.
    Heads up Stock Region community! Oportun Financial Corporation (Nasdaq: OPRT), a company in providing inclusive financial services, has recently announced its preliminary financial results for the first quarter of 2024, significantly surpassing revenue expectations. With total revenue figures exceeding estimates, Oportun's perfo...
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