Monday, June 30, 2025
32.5 C
London
HomeBankingOportun: Submitted an application with the OCC to establish Oportun Bank

Oportun: Submitted an application with the OCC to establish Oportun Bank

Date:

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

Spendbase Launches Digital Banking Platform and Virtual Cards for Businesses

Spendbase expands its financial platform with new digital banking...

FIS and Visa Partner to Help Regional and Community Banks Offer Fintech Services

FIS collaborates with Visa to empower regional and community...
  • Oportun a mission-driven Community Development Financial Institution (CDFI)
  • Oportun provides inclusive, affordable financial services powered by a deep, data-driven understanding of its customers
  • A national bank charter will allow us to reach the estimated 100 million low- and-moderate income (LMI) consumers
  • Oportun maintains dozens of state licenses in order to offer affordable and responsible financial services to LMI communities
  • The proposed bank will be a wholly-owned subsidiary of Oportun Financial Corporation
  • Oportun’s customers earn on average a gross income of $46,000 per year, with many of them supporting a family on this modest income

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories