Announced last month, Oportun (Nasdaq: OPRT) reports that it has completed the acquisition of neobank platform Digit. Digit will operate as a business unit within Oportun and continue to be led by Digit founder and CEO, Ethan Bloch. All of Digit’s 100+ employees are said… Read More
Read more in: Fintech | Tagged banking, digit, Ethan Bloch, neobank, oportun, Raul Vazquez
Oportun a consumer credit Fintech, today announced that it has agreed to acquire neobank Digit, a platform that provides automated savings, investing, and banking tools. By adding Digit Oportun will further expand its A.I. and digital capabilities. “This is a transformational deal that will expand… Read More
Read more in: Fintech | Tagged digit, Ethan Bloch, financial literacy, fintech, merger, neobank, Opportun, Raul Vazquez
Oportun Financial Corporation (NASDAQ: OPRT), a financial services and technology company that uses artificial intelligence to inform its credit decisions, this week announced the closing of a new warehouse credit facility of $600 million, backed by a portion of Oportun’s unsecured and secured personal loans…. Read More
Read more in: Fintech | Tagged goldman sachs, jefferies, jpmorgan chase, morgan stanley, Opportun, Raul Vazquez, warehouse credit facility
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