OppLoans Wins 2020 FinTech Breakthrough Awards for Best Consumer Lending Platform


CHICAGO, March 11, 2020 / PRNewswire / – OppLoans, a leading financial technology platform serving middle-income and credit-distressed consumers, today announced that it has been selected as the winner of the ‘Best Home Lending Platform’ award. consumption FinTech breakthrough, an independent market intelligence organization that recognizes the best companies, technologies and products in the global FinTech market.

OppLoans offers simple installment loan products with a top-notch customer experience through its mobile finance platform. OppLoans was founded in 2012 by Todd schwartz, a senior managing partner of Schwartz Capital, to meet a growing need among the millions of middle-income, credit-distressed consumers who were not served by traditional financial institutions. To date, the company has facilitated the issuance of over one million loans.

“We are very honored to receive the FinTech Breakthrough Award this year. This is a testament to the commitment and hard work of the entire OppLoans team. We have built a premier consumer credit platform that focuses on creating access to credit and an exceptional customer base. service to help our customers build a better financial path, ”said Jared kaplan, CEO, OppLoans. “Our commitment to this mission will continue to shape the future of financial inclusion for millions of people.”

OppLoans mobile-optimized platform integrates with a cloud-based verification and service platform. The company’s proprietary underwriting model uses machine learning and artificial intelligence along with alternative financial data beyond the consumer’s credit score to provide a more complete credit picture. Their online verification tools can provide same day approval and next day funding when possible. The company’s loan advocacy team is on hand to assist clients through the application and approval process via phone, email and live chat.

With over 7,500 customer reviews on Google, OppLoans maintains a 4.9 / 5 star rating, making it one of the highest rated online financial platforms by customers.

The FinTech Breakthrough Awards are the first awards program created to recognize FinTech innovators, leaders and visionaries around the world in various categories including banking, personal finance, loans, payments, investments, RegTech, InsurTech and many others. The 2020 FinTech Breakthrough Award program has attracted more than 3,750 nominations from around the world.

“This commitment to level the playing field while driving the financial growth of the industry is why OppLoans is our ‘Best Consumer Lending Platform’ award winner this year and we are delighted to recognize them. on their ‘breakthrough’ platform, ”added James johnson, Managing Director, FinTech Breakthrough.

About OppLoans
OppLoans is a leading financial technology platform that provides accessible products and a best-in-class experience for middle-income consumers with credit problems. Through our unwavering commitment to customer service, we help consumers who are turned down by traditional suppliers build a better financial path. OppLoans has been ranked among the Inc. 500 companies for four consecutive years and was named the fourth fastest growing Chicago company by Crain’s Chicago Business. OppLoans maintains an A + rating of the BBB. For more information, please visit www.OppLoans.com.

About FinTech Breakthrough
Part of Technological breakthrough, a leading market intelligence and recognition platform for technological innovation and leadership, the FinTech Breakthrough Awards program is dedicated to honoring excellence in financial services and technology companies and products. The FinTech Breakthrough Awards publicly recognize the achievements of FinTech companies and products in categories such as Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

Media contact:
Wendy Serafin, vice-president of communications – [email protected]

SOURCE Opp Loans

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