Oportun Financial : Investor Presentation - February 2025

Published: 2025-02-25 18:27:05 ET OPRT

Investor Presentation | February 2025

Company Overview

Oportun: Borrowing, savings and budgeting for hardworking individuals

Strong Customer

Value Proposition

Proprietary

Underwriting Engine

Comprehensive Physical

and Digital Channels

Unique Servicing

and Collections Capabilities

Award Winning

Savings Product

Mission: Empowering members to build a better future

Unsecured Personal

Secured Personal

Savings

Loans

Loans

Target Market

Thin-file / no-file borrowers who are traditionally underserved

Low-to-moderate income individuals benefiting from responsible lending and effortless savings products

English and Spanish speaking customer base, seamlessly engaging with bilingual contact center team

4

Addressing the biggest challenges facing U.S. consumers

70%

of U.S. households struggle with spending, saving,

borrowing and planning(2)

75%

of Americans do not feel that

they are completely financially secure(1)

59%

would struggle to come up with $1,000 in an emergency(3)

51%

had bank- related account

fees in the past year(4)

57%

are not confident about their long-

term financial goals(2)

78%

aren't completely satisfied with the amount of money they've saved(5)

5

Responsibly structured credit products

Member Solution

Use Case

Avg Loan Size

25th and 75th Percentile

Avg Term

25th and 75th Percentile

Personal

Loans

Simple-to-understand,

affordable, unsecured, fully- amortizing installment loans with fixed payments

$3,277

$1,000 | $4,800

26 months 19 | 34 months

Secured

Personal Loans

Personal installment loan product

secured by an automobile, allowing members to access larger loan sizes

$6,678

$3,100 | $9,000

35 months 25 | 43 months

Weighted Avg APR

35.8%

Data based on originations for the three-months ended December 31, 2024.

35.1%

6

We deliver significant savings compared to alternatives

Cost of borrowing $1,500(6)

$3,562

$3,490

$3,141

Approx.

$2,439

$2,000 savings

$2,495

$1,310

$1,027

$498

Online-only

Online

Single-Pay

Payday

Rent to Own

Installment

Weighted

Payday

Installment

Auto Title

average

Expense multiples

Competitor products are

Online-only Payday loans

of Oportun costs

7 times more expensive on average (8)

are 7 times more expensive

Positive social impact

1.2M

Credit histories established(7)

Certified by the US Treasury Department

as a Community Development Financial Institution

(CDFI) since 2009

7

Savings remains a 2025 priority

Effortless saving | Unlimited goals | Help reduce overdrafts

#1 Savings App of 2025

according to Bankrate

9 Best Money-Saving Apps of 2025

Excellent Personal Finance Apps

according to Forbes

7 Personal Finance Apps For Simplifying Your Money

Problem

Solution

Impact

59%

of U.S. consumers would struggle to come up with $1,000 in the event of an emergency(3)

A.I.-driven

$11.4B+

saving

that helps members

saved for members

effortlessly save

since 2015

toward their goals

8

Multi-channel loan fulfillment and servicing

53% of 2024 applicants used more than one channel to apply; 73% utilized Mobile / Digital channel for at least part of their applications, even if they initiated in Retail or with a Contact Center

Mix

Loan Fulfillment Channels*

ChannelScale

Payment Channels

Locations

34%

43%

23%

128 Retail

locations and

490 Lending as

a Service Partner

locations

Contact

Centers

Mobile /

Digital

~62,000

~22,000

~30,000

* Based on the number of loans originated for year ending December 31, 2024

9

Strategic Priorities

Disclaimer

Oportun Financial Corp. published this content on February 25, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on February 25, 2025 at 23:26:06.051.