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SAN CARLOS, Calif., September 15, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that gives hard workers access to responsible and affordable credit, announced today that its independent board member, Jo Ann Barefoot, has been named Fintech Woman of the Year by the Finovate Awards.
The Finovate Fintech Woman of the Year Award is presented to a woman whose achievements and work in the fields of fintech-related financial services have helped to improve the industry or raise her profile as a career for women through education, leadership, mentoring, or coaching as a role model.
“I am very proud that our board member, Jo Ann Barefoot, is recognized for her unwavering commitment to financial inclusion and for helping to build regulatory platforms that have been instrumental in shaping the advancing fintech for the benefit of traditionally under-represented communities, ”said Raul Vazquez, CEO of Oportun. “We are fortunate and grateful to have the leadership and experience of Jo Ann to help us expand our mission.”
Oportun was named a finalist for the 2021 Finovate Awards for Excellence in Financial Inclusion and Best Consumer Lending Platform, and the company’s CEO, Raul Vazquez, was a finalist for Finovate Executive of the Year .
“Congratulations to all the finalists. We have been honored to be considered, and even more honored to serve our hard-working clients as they build a brighter financial future, ”added Vazquez.
As an AI-driven, inclusive and affordable financial services provider, Oportun is guided by a mission to provide affordable and responsible credit to low- and moderate-income people. Since 2006, Oportun has loaned more than $ 10.5 billion through more than 4.3 million affordable loans that have saved clients an estimated $ 1.9 billion in interest and fees, according to a study commissioned by Timely and led by the Financial Health Network, a leading nonprofit authority on consumers. financial health.
To learn more about the Finovate Awards and all the finalists and winners, please visit: https://informaconnect.com/finovate-industry-awards/awards-categories/
Oportun (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.