SpringboardAuto (Acquired by Oportun, Inc.)

Originally founded as SpringboardAuto, the company created a proprietary technology platform designed to streamline and simplify the auto loan process for consumers, from application to funding. In August 2021, SpringboardAuto was acquired by Oportun, Inc., a mission-driven fintech company and designated Community Development Financial Institution (CDFI) that provides affordable and responsible financial services. The acquisition enabled Oportun to enhance its auto lending capabilities, integrating SpringboardAuto's technology and team to expand its secured personal loan and auto loan offerings to a broader market of consumers across the United States.