OppFi Inc.

OppFi Inc. is a tech-enabled digital finance platform that provides financial products and services for banks in the United States. The company's main product is installment loans offered through its OppLoans platform. These loans are designed to serve consumers who are turned away by mainstream financial options, such as those with limited credit history or lower credit scores. By leveraging technology, OppFi aims to make credit more accessible to underserved individuals. The company operates primarily in the credit services industry within the financial services sector.

OppFi Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol OPFI. The company trades in US Dollars (USD), which is the official currency of the United States. As a US-based company, its financial reporting and stock transactions are conducted in USD, making it accessible to investors who trade on US exchanges. The NYSE listing provides liquidity and visibility for the company's shares in the global financial markets.

OppFi Inc. operates in the Financial Services sector, specifically within the Credit Services industry. This means the company is involved in providing credit-related products and services, such as loans, to consumers. The Credit Services industry includes companies that offer lending, credit cards, and other financing solutions. OppFi focuses on installment loans through its digital platform, targeting consumers who may not qualify for traditional bank loans. This sector and industry classification reflects the company's core business of facilitating credit access via technology.

OppFi Inc. is headquartered in Chicago, Illinois, United States. The company serves consumers across the United States, focusing on individuals who are turned away by mainstream financial options. By operating a tech-enabled digital platform, OppFi can reach customers nationwide without the need for physical branches. Its primary market is the US, where it provides installment loans through the OppLoans platform. The company's location in Chicago positions it within a major financial hub, supporting its operations and growth in the domestic credit market.

OppFi Inc. generates revenue by providing installment loans to consumers through its OppLoans platform. The company partners with banks to offer these loans, earning fees and interest income from the lending process. OppFi's business model focuses on serving consumers who are underserved by traditional banks, often due to limited credit history or lower credit scores. By using technology to streamline loan origination and underwriting, the company can offer credit to a broader audience while managing risk. The installment loans are typically repaid over a fixed term, providing a steady revenue stream from interest and fees.