| Market Capitalization (Millions $) |
653 |
| Shares
Outstanding (Millions) |
86 |
| Employees |
410 |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
184 |
| Cash Flow (TTM) (Millions $) |
22 |
| Capital Exp. (TTM) (Millions $) |
20 |
Business Description
OppFi Inc. is an American fintech company that specializes in providing financial technology solutions to underserved and overlooked consumers. The company was founded in 2012 by Jared Kaplan and Todd Schwartz and is headquartered in Chicago, Illinois.
OppFi Inc. operates under the premise that many people who are considered subprime borrowers actually have the ability to repay loans but lack credit histories or access to traditional lending avenues. To fill this gap, the company focuses on offering affordable loans to customers who need them most. As a result, OppFi has established itself as a reliable source of credit for those who might otherwise be turned down by banks or other traditional lenders.
The company provides a range of lending products, including installment loans, personal lines of credit, and credit cards, all of which are designed to be accessible to consumers with lower credit scores. In addition, OppFi has a proprietary technology platform that enables it to automate the loan application and underwriting process, which helps to reduce costs and increase efficiency.
OppFi Inc. has received significant investment from institutional investors, including Victory Park Capital and Centerbridge Partners, and has raised over $750 million in funding to date. The company has also garnered recognition for its innovative approach to providing financial services, including being named to the Forbes Fintech 50 list in 2021.
Overall, OppFi Inc. is a leading fintech company that is committed to providing affordable credit to underserved and overlooked consumers. With its focus on leveraging technology to improve lending processes and increase access to credit, OppFi is poised to continue growing and helping more people achieve financial stability.
Company Address: 130 E. Randolph Street Chicago 60601 IL
Company Phone Number: 212-8079 Stock Exchange / Ticker: NYSE OPFI
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