Oportun publishes its 2020 report on corporate responsibility and sustainable development

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SAN CARLOS, Calif., April 5, 2021 (GLOBE NEWSWIRE) – Oportun (Nasdaq: OPRT), a financial services company that leverages its digital platform to provide hardworking people with responsible, affordable and credit-generating alternatives to payday loans and auto securities, today released its 2020 report on corporate responsibility and sustainable development.

“In our first annual report on corporate responsibility and sustainable development, we outlined our priorities in terms of social impact, environmental performance and governance, and we are proud of the positive impact we have had on the communities we serve and the businesses we have built. Oportun CEO Raul Vazquez said. “This includes donating at least 1% of our pre-tax income, or $ 2.6 million since 2016, to qualified nonprofits and directing over 63% of our annual donations to communities. colored. We have also built a diverse and inclusive culture where the majority of our employees, as well as all levels of management, from frontline supervisors to the board of directors, identify as women or people of color. “

Highlights of the report include Oportun reducing its travel footprint by purchasing 2,861 tonnes of carbon offsets, saving 138,900 pounds of paper by switching to electronic signatures and donating $ 250,000 to organizations providing aid to people affected by the pandemic.

In recognition of his accomplishments, Oportun was named one of the Fast business The most innovative companies in 2020, a certified carbon fighter by Cool Effect, Bay Area News Group Best Place to Work, and TIME magazine Engineering company as one of the 50 companies to invent the future.

Click on here to view the full report.

About Opportunity Timely (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.

PRESS CONTACTGeorge GonzalezDirector, Communications[email protected]

Source: Oportun Financial Corporation

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