Chicago – (Business Wire) – November 30, 2021–

OppFi Inc., the leading financial technology platform for banks to provide daily consumer loans. (NYSE: OPFI) (OppFi) announced today that it has facilitated the issuance of over two million online loans to OppLoans. Product. Through the OppFi platform, the OppLoans brand uses alternative information to reflect the customer’s unique financial situation and facilitates lending services to consumers who are excluded from their traditional financial ecosystem through banking partnerships.

“The rapid growth of OppLoans shows that millions of everyday consumers are under-utilized in the main banking system. By using machine learning technologies, alternative information can open up access to credit for those below traditional credit scores, ”said OppFi CEO Jared Kaplan. “This critical milestone demonstrates why we believe we are in a good position to continue to grow as a leader.

OppFi In 2012, it facilitated the repayment of loans, grew by more than 750,000 loans in 2019, and reached a milestone of two million loans this month. As the OppFi platform grew, the company collected more than seven billion informants as part of its AI-backed patent algorithm, improving car approval for the latest quarter to 58 percent.

To provide additional credit access options to the daily user, OppFi has consolidated the platform SalaryTap, a subsidiary of FWIC-funded FinWise Bank member-affiliated credit product and credit card product, OppFi Card, first issued electronic bank, FDIC member. The company also announced the recent expansion of two credit institutions that support the growth and expansion of SaaryTap and OppFi card.

“As we continue to pursue strategic product development opportunities and expand our existing supply chain, we will focus on OppFi’s commitment to building and expanding financial services for millions of everyday consumers,” Kaplan said.

About OppFi ፡

OppFi (NYSE ፡ OP OPFI) is a leading financial technology platform that allows banks to provide accessible products and provide a superior experience for everyday consumers. The OppFi platform facilitates credit card production, OppFi card, credit card products, OppLoans and SalaryTap provided by FinWise Bank, Member FDIC and FinWise Bank, Member FDIC and First Electronic Bank, Member FDIC. The company has been in Inc. for five consecutive years. 5,000 is the ፈጣን ጊዜ ፈጣን ፈጣን ፈጣን ፈጣን ፈጣን ፈጣን ሎ ሎ ሎ ሎ ሎ ሎ ሎ ሎ ሎ ™ ™ ™ ™ ™ ™ ™ ™ ™ ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው ነው The company is listed as one of the best employers by Forbes USA 2021 and the best places to work in Chicago by 2021. OppFi ranks A + Best Business Bureau (BBB) ​​and holds a 4.8 / 5 star rating of over 14,000 online customer reviews, making it one of the largest online customer ratings. For more information, please visit oppfi.com.

Future Statements

This information The Privacy Policy Amendment Act of 1995 includes “forward-looking statements” in the “Safe Harbor” provisions. If OppFi’s actual results are expected, estimates and estimates may vary and therefore you should not rely on them. Descriptions of the future as predictions of future events. Believes words such as “expect”, “estimate”, “project”, “budget”, “forecast”, “predict”, “planned”, “plan”, “may”, “may”, “may”, “may” “may”. “” Predicts “” Potential “” Continues “and similar expressions are intended to identify such forward-looking statements. Factors that may cause such discrepancies include, but are not limited to, the impact of the CV-19 on OppFi business: the ability to know the expected benefits of business integration, among other things, competition, to grow and manage OppFi growth profitably and to retain key employees; Related Costs: Changes in applicable laws or regulations; the possibility of OppFi having a negative impact on the economy, business and / or competitive conditions, the success of the launch of the OppFi SalaryTap and OppFi card, including the acceptance and marketing of the SalaryTap and OppFi card, and other concerns. Uncertainties in OppFi’s submissions to the SEC, including those under “risk factors.” He warns. OppFi undertakes no obligation or obligation to release any modifications or modifications to reflect any changes, modifications, or circumstances that may be expected of you.

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Contact: Wendy Seraphine, Communications SVP

Media contact print media@oppfi.com

Investor Relations Catch Investors@oppfi.com

Keyword: ILINOIS United States North America

Industry Keyword Flight Professional Services Technology Other Technology Finance Software Banking

Source OppFi

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