About
Digit uses AI to analyze spending patterns and automatically move small amounts into savings without manual effort. Helped users save over $7B and pay off $300M in debt. Acquired by Oportun in Dec 2021 for $211M ($112.6M cash + $98.5M stock). Founded 2013 by Ethan Bloch, launched automated savings in 2015. Continues as business unit within Oportun (Nasdaq: OPRT).
Key Facts
- [1]Founded: Founded in 2015 in San Francisco, United States.
- [2]Funding: Total funding: $66M. Last round: Dec 2021. Stage: Growth.
- [3]Employees: Employee count: 51-200.
- [4]Acquisition: Acquired by Oportun.
- [5]Company Type: Acquired company.
- [6]Website: Official website: digit.co.
- [7]AI Technology: Core AI/ML technologies: Predictive ML.
- [8]Region: Region: Americas (United States).
Founder
Ethan Bloch
Founder & CEO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Digit (Oportun)?
Digit uses AI to analyze spending patterns and automatically move small amounts into savings without manual effort. Helped users save over $7B and pay off $300M in debt. Acquired by Oportun in Dec 2021 for $211M ($112.6M cash + $98.5M stock). Founded 2013 by Ethan Bloch, launched automated savings in 2015. Continues as business unit within Oportun (Nasdaq: OPRT). Digit (Oportun) is classified in the Enterprise Finance segment at the Applications layer of the financial AI stack.
Who founded Digit (Oportun)?
Digit (Oportun) was founded by Ethan Bloch (Founder & CEO) in 2015 in San Francisco, United States. The company has been operating for 11 years. The company was acquired by Oportun.
How much funding has Digit (Oportun) raised?
Digit (Oportun) has raised $66M in total funding, placing the company at the Growth stage. The most recent round closed in Dec 2021. Among 79 funded Enterprise Finance companies, Digit (Oportun) ranks #42 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Digit (Oportun) use?
Digit (Oportun) primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Enterprise Finance segment, 58 companies use this technology.
What market segment does Digit (Oportun) operate in?
Digit (Oportun) operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.
Where is Digit (Oportun) headquartered?
Digit (Oportun) is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 51-200 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Digit (Oportun)'s competitors?
Companies similar to Digit (Oportun) in the Enterprise Finance space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does Digit (Oportun) offer?
Digit (Oportun) builds applications-layer solutions for the financial services industry. The company's core offering: AI-powered automatic savings app. The platform is powered by Predictive ML technology.
Is Digit (Oportun) publicly traded?
Digit (Oportun) is no longer independently traded. The company was acquired by Oportun. Prior to the acquisition, Digit (Oportun) had raised $66M in venture funding.