OppZo is a mission-driven FinTech company whose goal is to democratize access to affordable working capital. They make affordable asset-based working capital loans available to small to medium-sized businesses (SMB) in Opportunity Zones. OppZo’s team consists of former government contractors, experienced capital providers, and technology experts.
OppZo was founded in 2020 and is based in Miami, FL. They have raised $260 million in seed funding and have figured out how to speed up loans to small government contractors. Interest rates on OppZo’s loans range from $100, to $1 million in size, have a floor of 8% and a term of up to 18 months.
Location: United States, Florida, Miami
Member count: 11-50
Total raised: $260M
Founded date: 2020
Funding Rounds 1
Date | Series | Amount | Investors | Deal News |
01.07.2022 | - | $260M | Arcadia Fu... | refreshmia... |
Mentions in press and media 3
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28.07.2022 | OppZo prov... | Facebook Tweet Pin LinkedIn... | - | - | refreshmia... |
01.07.2022 | OppZo land... | Facebook Tweet Pin LinkedIn... | - | - | refreshmia... |
30.06.2022 | OppZo Rais... | OppZo, Inc., a Miami, FL-based... | USA | - | finsmes.co... |