Articles from OppFi
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today announced that Pam Johnson, CFO and Manny Chagas, COO will present at NobleCon20 - Noble Capital Markets’ Twentieth Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex, in Boca Raton, FL.- on December 4 at 11:00 a.m. ET.
By OppFi · Via Business Wire · December 2, 2024
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today reported financial results for the third quarter ended September 30, 2024.
By OppFi · Via Business Wire · November 7, 2024
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its third quarter 2024 before the market-open on Thursday, November 7, 2024.
By OppFi · Via Business Wire · October 24, 2024
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today announced its participation in the Sidoti Micro-Cap Virtual Conference on August 14-15, 2024.
By OppFi · Via Business Wire · August 14, 2024
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today reported financial results for the second quarter ended June 30, 2024.
By OppFi · Via Business Wire · August 7, 2024
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today announced its strategic acquisition of a 35% equity interest in Bitty Advance, including its servicing business (collectively “Bitty”). The transaction includes options for OppFi to obtain majority and total ownership over time.
By OppFi · Via Business Wire · August 1, 2024
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its second quarter 2024 before the market-open on Wednesday, August 7, 2024.
By OppFi · Via Business Wire · July 24, 2024
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today reported financial results for the first quarter ended March 31, 2024.
By OppFi · Via Business Wire · May 8, 2024
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its first quarter 2024 before the market-open on Wednesday, May 8, 2024.
By OppFi · Via Business Wire · April 25, 2024
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today announced that its Board of Directors (the “Board”) has declared a $0.12 per share special dividend to be payable on May 1, 2024 to holders of record of the Company’s Class A common stock as of the close of business on April 19, 2024. In addition, the Board authorized a new $20 million share repurchase program.
By OppFi · Via Business Wire · April 9, 2024
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today announced its social impact collaboration with financial education platform Zogo Inc. (“Zogo”) to support financial literacy.
By OppFi · Via Business Wire · April 1, 2024
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OppFi Inc. (NYSE: OPFI; OPFI WS) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today reported financial results for the fourth quarter and year ended December 31, 2023.
By OppFi · Via Business Wire · March 7, 2024
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OppFi Inc. (NYSE: OPFI; OPFI WS) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its fourth quarter and full year 2023 after the market-close on Thursday, March 7, 2024.
By OppFi · Via Business Wire · February 28, 2024
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OppFi Inc. (NYSE: OPFI; OPFI WS) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today reported financial results for the third quarter ended September 30, 2023.
By OppFi · Via Business Wire · November 9, 2023
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OppFi Inc. (NYSE: OPFI; OPFI WS) (“OppFi” or the “Company”), a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, today provided a business update, announced its participation in the ThinkEquity Conference, and scheduled its third quarter 2023 earnings conference call for after the market-close on Thursday, November 9, 2023.
By OppFi · Via Business Wire · October 18, 2023
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OppFi Inc. (NYSE: OPFI; OPFI WS) (“OppFi” or the “Company”), a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, today reported financial results for the second quarter ended June 30, 2023.
By OppFi · Via Business Wire · August 9, 2023
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, will report financial results for its second quarter 2023 after the market-close on Wednesday, August 9, 2023.
By OppFi · Via Business Wire · July 26, 2023
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, today announced the Company has increased its existing revolving credit facility with affiliates of Atalaya Capital Management (“Atalaya”) to $250 million.
By OppFi · Via Business Wire · July 25, 2023
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, today reported financial results for the first quarter ended March 31, 2023.
By OppFi · Via Business Wire · May 11, 2023
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, will report financial results for its first quarter 2023 after the market-close on Thursday, May 11, 2023.
By OppFi · Via Business Wire · May 1, 2023
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, today reported financial results for the fourth quarter and year ended December 31, 2022.
By OppFi · Via Business Wire · March 23, 2023
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, will report financial results for its fourth quarter and full year 2022 after the market-close on Thursday, March 23, 2023.
By OppFi · Via Business Wire · March 20, 2023
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, announced the launch of a same-day funding service on its OppLoans lending platform and the milestone of surpassing one million unique customers over its 10-year history.
By OppFi · Via Business Wire · February 7, 2023
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OppFi Inc. (NYSEOPFI) ("OppFi" or the "Company"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced that subsidiaries of the Company have closed a $150 million credit facility with an affiliate of Castlelake L.P. ("Castlelake") as lender. Affiliates of Hudson Cove Capital Management LLC ("Hudson Cove") are also participating in the credit facility.
By OppFi · Via Business Wire · December 20, 2022
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today reported financial results for the third quarter ended September 30, 2022.
By OppFi · Via Business Wire · November 9, 2022
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today provided a business update, announced its participation in the ThinkEquity Conference, and scheduled its third quarter 2022 earnings conference call for after the market-close on Wednesday, November 9, 2022.
By OppFi · Via Business Wire · October 25, 2022
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced its participation in the 4th Annual Needham Virtual FinTech & Digital Transformation 1x1 Conference on Wednesday, August 17, 2022.
By OppFi · Via Business Wire · August 15, 2022
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today reported financial results for the second quarter ended June 30, 2022.
By OppFi · Via Business Wire · August 9, 2022
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, will report financial results for its second quarter 2022 after the market-close on Tuesday, August 9, 2022.
By OppFi · Via Business Wire · August 4, 2022
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced the Company has been added to the Russell 2000® Index.
By OppFi · Via Business Wire · June 27, 2022
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OppFi Inc. (NYSEOPFI) ("OppFi” or the “Company”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced the Company has more than doubled one of its existing credit facilities with affiliates of Atalaya Capital Management LP (“Atalaya”) to $200 million.
By OppFi · Via Business Wire · June 21, 2022
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OppFi Inc. (NYSEOPFI) ("OppFi” or the “Company”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced, as part of its previously disclosed $20 million share repurchase authorization, the Company enacted a trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to allow for the repurchase of its Class A common stock during the current quarterly earnings blackout.
By OppFi · Via Business Wire · June 15, 2022
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today reported financial results for the first quarter ended March 31, 2022.
By OppFi · Via Business Wire · May 5, 2022
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OppFi Inc. (NYSEOPFI) ("OppFi” or the “Company”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced the appointments of Manuel (“Manny”) Chagas as Chief Operating Officer and Shaun Smolarz as Head of Investor Relations.
By OppFi · Via Business Wire · May 3, 2022
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OppFi Inc. (NYSEOPFI) (“OppFi” or the “Company”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, will report financial results for its first quarter 2022 before the market open on Thursday, May 5, 2022.
By OppFi · Via Business Wire · April 29, 2022
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OppFi Inc. (NYSEOPFI) ("OppFi" or the "Company"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced the appointment of Ms. Pamela (“Pam”) Johnson as the Company’s Chief Financial Officer.
By OppFi · Via Business Wire · March 25, 2022
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OppFi Inc. (NYSEOPFI) (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today that it will release financial results for its fourth quarter and full year 2021 results after the market close on Thursday, March 10, 2022.
By OppFi · Via Business Wire · February 28, 2022
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OppFi Inc. (“OppFi” or the “Company”) (NYSEOPFI), a leading financial technology platform that helps everyday consumers gain access to credit, announced today that the Company’s Board of Directors has appointed Todd Schwartz as Chief Executive Officer and that Neville Crawley has stepped down from his positions as Chief Executive Officer and a Director. Schwartz founded OppFi in 2012 and has served as Executive Chairman since 2015; he will continue to serve as Chairman of the Board.
By OppFi · Via Business Wire · February 28, 2022
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OppFi Inc. (“OppFi” or the “Company”) (NYSEOPFI), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today that its Board of Directors has authorized a share repurchase program that permits the Company to purchase up to an aggregate of $20 million of its Class A common stock. The authorization will expire in December 2023.
By OppFi · Via Business Wire · January 6, 2022
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OppFi Inc. (NYSEOPFI) (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today that its Board of Directors, led by Founder and Executive Chairman Todd Schwartz, has named Neville Crawley, currently the company’s President, to succeed Jared Kaplan as Chief Executive Officer of OppFi, effective December 31, 2021. Crawley’s selection is the culmination of a leadership and succession planning process led by the Board. Kaplan will remain a member of the Board of Directors and in an executive advisory role for the company. Crawley will also serve as a member of the Board of Directors.
By OppFi · Via Business Wire · December 20, 2021
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OppFi Inc. (NYSEOPFI) (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today that it has facilitated the issuance of more than two million online installment loans with its OppLoans product. Through the OppFi platform, the OppLoans product uses alternative data to reflect a customer’s unique financial situation and facilitates credit access through bank partnerships for consumers whose credit scores exclude them from the traditional financial ecosystem.
By OppFi · Via Business Wire · November 30, 2021
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OppFi Inc. (NYSEOPFI) (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, today announced it ranked 335th on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 27th year. OppFi is one of six Illinois companies to make this year’s list and the fourth consecutive year OppFi has received this recognition.
By OppFi · Via Business Wire · November 17, 2021
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OppFi Inc. (NYSEOPFI) (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today that it has amended its existing $75 million credit facility with Atalaya Capital Management to support the growth of the newly launched OppFi Card, issued by First Electronic Bank, Member FDIC. OppFi recently launched OppFi Card, its first-ever credit card designed to enable the company to serve a segment of the $21 billion non-prime credit card market.1
By OppFi · Via Business Wire · October 19, 2021
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OppFi Inc. (NYSEOPFI) (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today that it has expanded its existing $25 million bank credit facility to $45 million. OppFi plans to use the expanded facility in part to support the growth and expansion of its SalaryTap product, an employer payroll-linked loan product, that is available in 33 states.
By OppFi · Via Business Wire · October 5, 2021
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OppFi Inc. (NYSEOPFI) (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, applauds the recent decision by the federal district court in the Western District of Texas granting the Consumer Financial Protection Bureau’s (the “CFPB”) motion for summary judgment and denying the Community Financial Services Association’s (“CFSA”) challenge to the CFPB's Payday, Vehicle Title, and Certain High-Cost Installment Loans Rule (“Small Dollar Rule”).
By OppFi · Via Business Wire · September 2, 2021
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OppFi Inc. (NYSEOPFI) (“OppFi”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced that Neville Crawley, former CEO of the global fintech platform Kiva, has joined OppFi as President, reporting to OppFi CEO Jared Kaplan.
By OppFi · Via Business Wire · August 3, 2021
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OppFi Inc. (NYSEOPFI) (“OppFi”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced it will celebrate its listing on the New York Stock Exchange by participating in the Exchange’s Closing Bell Ceremony on July 27, 2021. Participants in the event will include OppFi’s executive leadership team and members of the company’s Board of Directors, who took office following the closing of the company’s business combination with FG New America Acquisition Corp.
By OppFi · Via Business Wire · July 26, 2021
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Opportunity Financial, LLC (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, and FG New America Acquisition Corp. (NYSEFGNA), a special purpose acquisition corporation (“SPAC”), announced today that they have completed their previously announced business combination (the “Business Combination”). The Business Combination was approved by FGNA’s stockholders at its special meeting held on July 16, 2021, and closed on July 20, 2021.
By OppFi · Via Business Wire · July 20, 2021
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FG New America Acquisition Corp. (NYSEFGNA) (“FGNA”), a special purpose acquisition corporation, today announced that FGNA’s stockholders have approved all proposals related to the previously announced proposed business combination (the “Business Combination”) with Opportunity Financial, LLC (“OppFi”), a leading financial technology platform that powers banks to serve the everyday consumer, at a special meeting in lieu of the 2021 annual meeting of its stockholders held on July 16, 2021.
By OppFi · Via Business Wire · July 19, 2021
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Opportunity Financial, LLC ("OppFi"), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today it has been named the 7th fastest-growing Chicagoland company by Crain’s Chicago Business. This is the third consecutive time OppFi has been named a Crain’s Fast 50, ranking fourth in 2019 and eighth in 2020.
By OppFi · Via Business Wire · June 15, 2021