Oportun Wins “Best Use of AI in FinTech” at 2024 FinTech Breakthrough Awards
19 March 2024 - 12:00AM
Oportun (Nasdaq: OPRT), a mission-driven fintech, has been named
winner of the “Best Use of AI in FinTech” award as part of the 2024
FinTech Breakthrough Awards. Oportun has now been honored in
back-to-back competitions and three out of the last six years by
the prestigious program, including as “Best Consumer Lending
Product” in 2019 and “Best Consumer Lending Company” in 2023.
Oportun was most recently recognized for its innovative use of
artificial intelligence (AI) to help its 2.2 million members
achieve their financial goals. Through the company’s AI-powered
borrowing, saving, and budgeting capabilities, it has provided more
than $17.8 billion in responsible and affordable credit, saved
members more than $2.4 billion in interest and fees, and helped
members set aside an average of $1,800 per year in personal
savings.
“We are honored to be recognized once again by the FinTech
Breakthrough Awards for our embrace and use of technology to
positively impact the lives of our members,” said Raul Vazquez, CEO
of Oportun. “Oportun is driven by a mission to empower our members
to build a better future by holistically addressing two fundamental
obstacles to financial resilience: adequate savings and access to
responsible credit when needed.”
The FinTech Breakthrough Awards is the premier industry awards
program, founded to recognize the FinTech innovators, leaders and
visionaries from around the world. The 2024 FinTech Breakthrough
Awards program attracted more than 4,000 nominations from across
the globe.
About OportunOportun (Nasdaq: OPRT) is a
mission-driven fintech that puts its 2.2 million members' financial
goals within reach. With intelligent borrowing, savings, and
budgeting capabilities, Oportun empowers members with the
confidence to build a better financial future. Since inception,
Oportun has provided more than $17.8 billion in responsible and
affordable credit, saved its members more than $2.4 billion in
interest and fees, and helped its members save an average of more
than $1,800 annually. For more information, visit Oportun.com.
Media Contact
Usher Lieberman
(720) 987-9538
usher.lieberman@oportun.com
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