Oportun

Oportun’s 2025 Holiday Savings Report reveals that members have saved $6.5 million for the holidays YTD, a 30% increase from 2024. Average member savings are $1,051 (Jan-Sep), with Q3 catch-up savings at $431 (+10% YoY). Q3 withdrawals averaged $605. Top saver states are Kansas, Washington, and Colorado; lowest are North Carolina, Michigan, and Idaho. The report also notes a consistent 20%+ year-start increase in deadline-driven goals.

Institutional Shareholder Services (ISS) supports Findell Capital’s push for board changes at Oportun’s 2025 meeting, citing poor governance and underperformance. ISS recommends voting for Findell’s nominee, Warren Wilcox, and withholding votes from CEO Raul Vazquez, who is blamed for a 55% stock decline since the IPO. ISS highlights Oportun’s value-destructive strategic pivot, governance misalignments, and board independence concerns, advocating for Wilcox’s experienced oversight.