Miguel Armaza sits down with the very genuine Raul Vazquez, CEO of Oportun, a Nasdaq-listed company that provides responsible consumer credit. Founded 15 years ago, Oportun has extended more than 4 million loans and over $10 billion in affordable credit. Raul has been Oportun’s CEO since 2012 and previously served as CEO of Walmart.com. Currently, he also serves on the board of Intuit and the National Association for Latino Community Asset Builders. He is also a proud MBA graduate of our very own Wharton School. In this episode, we discuss - Raul’s fascinating story and how the oldest son of Mexican immigrants became the CEO of a publicly traded company - Oportun’s digital and retail hybrid approach and the importance of being a mission-driven company - The reasons why about 100 million people are not fully served by the US mainstream financial system and what Oportun is doing about it - Reflections of taking Oportun public and a deep dive into their IPO process - The power of compassionate leadership, management lessons, and the hardest business decisions he’s had to make. - And a lot more! Raul Vazquez Raul has served as Oportun’s chief executive officer and board member since 2012. His past experience includes leadership roles at Walmart, including three years as CEO of Walmart.com, and at high-growth startups. Raul currently serves on the boards of Intuit and the National Association for Latino Community Asset Builders, and he formerly sat on the board at Staples. He has been a member of the Community Advisory Board at the Consumer Financial Protection Bureau and chaired the Federal Reserve’s Community Advisory Council. He holds a BS and MS in industrial engineering from Stanford University and an MBA from the Wharton School. In 2018, he was named EY’s Entrepreneur of the Year in financial services. Raul celebrates the good and bad, the small and big, with ice cream from Dairy Queen. About Oportun Oportun (Nasdaq: OPRT) is a financial services company that leverages its digital platform to provide responsible consumer credit to hardworking people. Using A.I.-driven models that are built on 15 years of proprietary customer insights and billions of unique data points, Oportun has extended more than 4 million loans and over $10 billion in affordable credit, providing its customers with alternatives to payday and auto title loans. In recognition of its responsibly designed products which help consumers build their credit history, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Miguel's Twitter: twitter.com/MiguelArmaza Miguel's Newsletter: https://bit.ly/3jWIpqp