REDWOOD CITY, CA — (Marketwired) — 10/19/16 — , a mission-driven financial services company that provides small dollar credit to Latinos and others with little or no credit history, today announced its seventh securitization, an issuance of approximately $150 million of two-year, asset-backed bonds secured by a pool of its installment loans.The bonds, which received an investment-grade rating by Kroll Bond Rating Agency, were placed with a diversified mix of institutional investors in a priv
REDWOOD CITY, CA — (Marketwired) — 07/08/15 — Oportun, formerly known as Progreso Financiero, today announced its fourth securitization, an issuance of $125 million of two-year, asset-backed bonds secured by a pool of its installment loans. Oportun is a mission-driven financial services company that uses advanced data analytics and technology to provide small dollar loans to Hispanic borrowers, many of whom have little or no credit history. The bonds, which received investment-grade ratings
