There was nowhere to run this week for investors seeking to escape a market rout that came on like a tidal wave, crashing down Thursday.   Tariffs, of course, dominated, and once they were real, as of Wednesday night, the stage was set for a plunge Thursday that’s not been seen in years. Investors fled [] The post FinTech IPO Index Plunges 11.7% Amid Broad-Based Market Rout appeared first on PYMNTS.com.

SAN CARLOS, Calif., April 02, 2025 (GLOBE NEWSWIRE) -- Oportun OPRT, a mission-driven financial services company, today announced the closing of a new warehouse facility. Features of this facility include: $187.5 million total commitmentNatixis Corporate Investment Banking, as senior lenderNeuberger Berman, on behalf of client funds, as mezzanine lenderTwo-year revolving periodCollateralization by Oportun's unsecured and secured personal loan originations "This new warehouse facility materially increases Oportun's warehouse capacity with a diversified group of lenders," said Paul Appleton, Interim Chief Financial Officer of Oportun. "With the support of Natixis and Neuberger Berman, this committed financing will help drive Oportun's responsible growth in the years ahead." Oportun maintains a diverse set of capital sources including committed warehouse facilities, asset-backed securitizations, corporate-level debt financing, and whole loan sales. About Oportun Oportun OPRT is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $19.7 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members save an average of more than $1,800 annually