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Becoming a Bank Proves Challenging for Fintechs Seeking Survival

Becoming a Bank Proves Challenging for Fintechs Seeking Survival
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Becoming a bank proves challenging for fintechs seeking survival

Becoming a bank proves challenging for fintechs seeking survival
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Becoming a bank proves challenging for fintechs seeking survival

Becoming a bank proves challenging for fintechs seeking survival
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Oportun Reports Strong Second Quarter 2023 Financial Results

Oportun Reports Strong Second Quarter 2023 Financial Results
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United statesContactusher liebermanRaul vazquezEquitythe companyCompany adjusted net income lossOportun incSecurities exchangeOportun financial corporation nasdaqCompany average daily principal balanceNet incomethe companyEpsthe companyExchange commissionExpensethe companyCompany corporate financingCompany earnings presentationOportun financial corporation

Oportun Financial : Implementing further expense optimization measures to provide additional $78M to $83M in annualized savings - Form 8-K

Net loss was $102 million as compared to net income of $46 million in the prior-year quarter. Adjusted Net Loss was $88 million as compared to Adjusted Net Income of $53 million in the prior-year. | May 8, 2023

United statesRaul vazquezSecurities exchangeOportun financial corporation nasdaqOportun financial corporationExchange commissionCompany earnings presentationCompany adjusted net income lossOportun incCompany corporate financingFinancial corporationAggregate originationsManaged principal balanceAnnualized net charge off rateDay delinquency rateOperating results