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Finding the Best Loans for Bad Credit

Published on: August 16, 2023

Best Small Personal Loans

Sometimes you just need some extra cash. Whether you’re renovating your bathroom, buying a new car, or trying to lower...

Published on: April 5, 2023

OppFi Debuts Same-Day Funding Service for Underserved Borrowers

Digital loan platform OppFi has introduced a same-day funding service aimed at underserved borrowers. The service lets qualified customers who...

Published on: February 7, 2023
One Million by One Million

Building a Public FinTech Company From Scratch: OppFi CEO Todd Schwartz

Todd has built a public FinTech business with $7M of family money and another $8M of debt. OppFi went public...

Published on: November 17, 2022

Want to Save $50,000? Raise Your Credit Score

Getting a good deal on a loan or credit card is highly dependent on the borrower's credit score. Surely, that’s...

Published on: September 29, 2022

OppFi Products Help Consumers with Less-Than-Perfect Credit Obtain Emergency Credit at Better Rates

Consumers with low credit scores often struggle to receive favorable loans from lenders. Through, OppFi helps those would-be borrowers...

Published on: September 14, 2022
Crain's Chicago Business

Fast 50 2022: The finalists

Business has been booming for Chicago-area companies, despite facing turbulence in the wake of COVID-19. This year, nearly 150 companies...

Published on: May 20, 2022
The Wall Street Journal

Financial-Technology Firms Tap AI to Reach More Borrowers

With an uptick in consumer lending, financial-technology companies see a chance to grow by filling gaps for underserved borrowers, online...

Published on: May 2, 2022
Built In Chicago

6 Chicago-Area Companies Ranked on the Deloitte 2021 Technology Fast 500 List

Every year, consulting firm Deloitte releases its list of the fastest-growing tech companies in North America. This list ranks the...

Published on: November 30, 2021
Built In Chicago

How to Win the Talent War

Chief People Officer Karishma Patel Buford and Vice President of Talent and DEI Michelle Y. Bess explain that remote-flexible work...

Published on: November 2, 2021
Crain’s Chicago Business

Tackling the tech talent imbalance

When Michelle Bess joined online lender OppFi last year as vice president of talent and DEI, she set a goal...

Published on: August 13, 2021

Fintech OppFi goes public as CEO looks to alleviate America’s emergency savings drought

Jared Kaplan, CEO of fintech OppFi, told CNBC on Wednesday he wants to help alleviate Americans’ emergency savings worries.

Published on: July 21, 2021
Business Insider

Payday lenders target communities of color. But fintechs offering small-dollar loans and flexible wages may help break the debt trap.

OppFi, which is going public via SPAC, is a small-dollar lender that offers an alternative.

Published on: June 30, 2021

Underbanked Consumers Primed To Move Beyond Basic DDAs

OppFi CEO Jared Kaplan said the underbanked need new digital front doors in an environment where traditional credit scoring mechanisms used by banks...

Published on: June 28, 2021
Built In Chicago

How These Women in Tech Bring Moxie to Work Every Day

Now more than ever, women are breaking down barriers in order to create a better, brighter future.

Published on: June 17, 2021

Technology Helps Locked-Out Consumers Access Lending

The problem of unbanked consumers — those without access to a checking or savings account — has remarkably improved, with...

Published on: June 9, 2021

OppFi On Using Behavioral Analytics To Gauge Customers’ Creditworthiness And Prevent Fraud

In the Monetizing Digital Intent Tracker, OppFi CEO Jared Kaplan explains how behavioral analytics tools that examine customers’ data entry...

Published on: June 4, 2021

OppFi CEO Says Behavioral Analytics Unearth Credit Gems Other Methods Miss

PYMNTS spoke with Jared Kaplan, CEO of OppFi, about how the FinTech uses behavioral analytics to examine customers’ data entry methods and...

Published on: June 3, 2021

Behind OppFi’s approach to reaching the credit underserved

The products can come with a high cost, but the company suggests they’re an on-ramp into a credit system that...

Published on: April 30, 2021
Yahoo! Finance | IPO Edge

OppFi Wants to Be the Go-To Fintech Platform for the Middle Class

The pandemic has made access to loans more difficult for everyday consumers. That’s why OppFi, a fintech that partners with...

Published on: March 9, 2021

OppLoans Hires Government Affairs Leader Joseph Rubin as Head of Public Affairs and Regulatory Policy

OppLoans, a leading financial technology platform that serves middle income, credit challenged consumers, has announced that Joseph Rubin will join...

Published on: February 4, 2021
Built In Chicago

3 HR Leaders Discuss the Significance of Unconscious Bias Training

Though a spotlight on racial injustice this year has brought awareness to unconscious bias in the workplace, there’s still a...

Published on: November 9, 2020

OppLoans Hires Nationally Recognized DEI Leader Michelle Y. Bess as Vice President of Talent & Diversity, Equity and Inclusion

A highly regarded DEI leader in the business community, Bess brings a strong dynamic background in leading DEI strategies, executive...

Published on: September 15, 2020

OppLoans Applauds Newly-Released Interagency Lending Principles for Banks and Credit Unions Offering Responsible Small-Dollar Loans

OppLoans, a leading financial technology platform that powers banks to serve middle income, credit-challenged consumers, applauds the release of the...

Published on: May 27, 2020
Morning Consult

Fintech-Bank Partnerships are Necessary for Tens of Millions who Lack Access to Credit

The vast majority of Americans live paycheck to paycheck, and that’s a big part of why 60 million Americans lack...

Published on: February 3, 2020
Morning Consult

Let’s Create the Right Guardrails to Protect Consumers in the Small Dollar Loan Market

by Jared Kaplan, OppLoans CEO

Published on: December 4, 2019

Fintech Leader OppLoans Appoints Stacee Hasenbalg to Chief Compliance Officer Role

OppLoans, the nation's leading socially responsible online lender, has announced the appointment of Stacee Hasenbalg to the role of Chief...

Published on: September 26, 2018

Chicago Mayor Cuts Ribbon at New Headquarters of Rising FinTech Firm OppLoans

Chicago Mayor Rahm Emanuel cut the ribbon at the new OppLoans headquarters in downtown Chicago this week. OppLoans, the nation's...

Published on: October 10, 2017

OppU Helps Students Understand Money Management by Providing Free Interactive Financial Literacy Lessons

When students begin work or head to college, many get their first taste of economic independence. To give them the...

Published on: July 26, 2017

How Lattice Is Powering Employee Engagement at OppFi

Director, Culture & Change Management, Kelsey Witmer, and Learning & Development Lead, Mackenzie Saunders, discuss how Lattice helps OppFi prioritize...

Published on: October 26, 2021
The Drill Down

Ep. 94: OppFi CEO Jared Kaplan, MiMedx, Leslie’s, Cadiz

CEO Jared Kaplan talks to Cory Johnson host of The Drill Down podcast about how OppFi plans to change the...

Published on: September 13, 2021
Banking Dive

CFPB won't recommend OppFi enforcement action, lender says

The Consumer Financial Protection Bureau (CFPB) won’t recommend taking enforcement action against loan servicer OppFi, the company said in a...

Published on: August 31, 2021
American Banker

OppFi says CFPB staff is not recommending enforcement action

After the Consumer Financial Protection Bureau reviewed its loans to members of the military, the subprime consumer lender OppFi said...

Published on: August 30, 2021
Yahoo! Finance

OppFi Reports Second Quarter 2021 Financial Results

OppFi Inc., a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today...

Published on: August 10, 2021
Business Insider

Former Kiva CEO Neville Crawley Joins Fintech OppFi As President

The Chicago-headquartered fintech platform OppFi Inc. has named Neville Crawley as its president. In his new role, Crawley will formulate...

Published on: August 3, 2021

Former Kiva CEO Neville Crawley Joins Fintech OppFi As President

The Chicago-headquartered fintech platform OppFi Inc. has named Neville Crawley as its president.

Published on: August 3, 2021

Empowering Consumers: Fintech Platform OppFi Goes Public Via SPAC With FG New America

Jared Kaplan, CEO, OppFi, and Joe Moglia, Chairman, FG New America, appear on a segment for Cheddar News on the...

Published on: July 27, 2021

OppFi Combines With SPAC; Begins Trading On NYSE

Opportunity Financial, LLC and FG New America Acquisition Corp. have joined forces. The combined new company, now officially known as...

Published on: July 22, 2021
Seeking Alpha

OppFi Has Characteristics of a Multibagger

Potential regulation will shape the company and the path it will take. There are many uncertainties around OppFi's business model...

Published on: July 21, 2021
Fox Business

Fintech OppFi goes public

OppFi CEO Jared Kaplan and FG New America Chairman Joe Moglia discuss OppFi's debut on 'The Claman Countdown.'

Published on: July 21, 2021

OppFi CEO, SPAC sponsor Joe Moglia on its trading debut

CNBC’s “Squawk Box” team discusses OppFi’s trading debut on the New York Stock Exchange as the company makes its public...

Published on: July 21, 2021
Market Realist

Is OppFi Stock a Good Buy After FGNA Merger Approval?

OppFi (OPFI) decided to follow competitor SoFi’s path to go public through a SPAC merger. The Joe Moglia-led FG New America Acquisition Corp....

Published on: July 20, 2021

Solid Insider Buying Puts These 2 Stocks in Focus

Last month, FGNA announced that it has selected Opportunity Financial (OppFi) as its target. The merger between the two companies...

Published on: July 13, 2021

On the road, OppFi attempts to differentiate itself from the lending models of Affirm, Katapult, and Upstart

Top consumer lenders aren’t all created equal. Firms like OppFi, Upstart, Katapult and Affirm have different strengths and focuses.

Published on: July 6, 2021
Seeking Alpha

OppFi Is The Next Upstart

CEO of OppFi, Jared Kaplan, discusses his company and the potential investment opportunity.

Published on: June 30, 2021
Thrive Global

Jared Kaplan of OppFi: “Always hold the door, always”

As part of the Thrive Global series called “5 Things I Wish Someone Told Me Before I Began Leading My Company,"...

Published on: June 23, 2021
Tearsheet Podcast

‘Our four prong product strategy is a decade long vision’: OppFi’s Jared Kaplan

Online lending platform OppFi has been in the middle of going public and rebranding throughout 2021.

Published on: June 22, 2021

A Trump-era fintech backdoor for high-interest loans is under scrutiny

The Trump administration's "True Lender" rule allowed predatory lending by rent-a-banks, advocates say. Overturning it will create confusion for fintechs,...

Published on: June 21, 2021
Crain’s Chicago Business

Meet Crain’s Fast 50 2021

Chicago’s famously diversified economy was reflected in the list, though most of the winners had a technology edge.

Published on: June 11, 2021

EXCLUSIVE: OppFi CEO Talks Company Differentiation, Product Timeline, SPAC Deal On 'SPACs Attack'

Opportunity Financial, or OppFi, is set to go public via special purpose acquisition company FG New America Acquisition Corp FGNA 0.2% with an...

Published on: June 2, 2021
Bloomberg Quicktake

"Take Focus" Full Show

OppFi CEO Jared Kaplan speaks on Bloomberg Quicktake.

Published on: May 27, 2021
Seeking Alpha

OppFi And FGNA: A SPAC Merger With A High-Growth Fintech Sub-Prime Lending Platform

OppFi - merging with the SPAC, FG New America (FGNA) - is a high-growth sub-prime lender with an AI-powered tech...

Published on: May 16, 2021
The Business Brew Podcast

Jared Kaplan – CEO Interview – OppFi

Jared Kaplan, CEO of OppFi, joins Bill Brewster on The Business Brew Podcast.

Published on: May 4, 2021

Connected Economy with Jared Kaplan

Jared Kaplan, OppFi CEO, speaks to John Gaffney about the new ecosystems for consumers.

Published on: May 3, 2021

OppFi: An Advocate for the Everyday Consumer

Ever since the Atlantic wrote its seminal May 2016 cover story, “The Secret Shame of Middle-Class Americans,” there’s been acute...

Published on: April 27, 2021
C-Suite TV Insights

Jared Kaplan – CEO of OppFi

Kaplan discusses how OppFi is bringing underbanked individuals back into the system, how the pandemic has changed access to credit,...

Published on: April 15, 2021

3 Questions With… Jared Kaplan, OppFi CEO

Jared Kaplan, OppFi CEO, answers three questions about trends in fintech and his professional experiences.

Published on: April 13, 2021
The Balance

Average APR Inches Up, Card Debt Gains Weight, and Old Apple Cards Fall From Tree

OppFi opens waitlist for credit builder card.

Published on: April 7, 2021
Business Insider

The SPAC M&A frenzy has finally reached its limits and a huge funding logjam is starting to form

Money that's proven to be key to special-purpose acquisition companies getting mergers done is starting to show signs of drying up, according...

Published on: April 2, 2021

Fintech Spotlight: OppFi CEO Talks Going Public, Prospects For Growth

In recognition of those disruptive innovators creating positive and diverse change within the financial services space, Benzinga presents OppFi.

Published on: April 1, 2021
National Mortgage News

Fintech partnership offers payroll-deducted loan for non-prime borrowers

As willingness to extend credit remains tight among lenders, one fintech platform is getting creative in its efforts to give a wider...

Published on: March 31, 2021
IPO Edge

Replay: Nasdaq and Palm Beach Hedge Fund Association Host “The Future of Finance” with CEOs of OppFi, LendingClub, Finance of America

The battle for banking is heating up as Fintech companies roll out new lending and financing services.

Published on: March 31, 2021
CNN Business

OppFi Closes Expanded $50 Million Corporate Credit Facility with Atalaya Capital Management

Facility is designed to power OppFi's growth plans and accelerate new product roll-out.

Published on: March 29, 2021
American Banker

Strike the right balance in regulating small-dollar lending

As the Biden administration ushers its cabinet nominees through the Senate confirmation process, pundits of all stripes are offering predictions...

Published on: March 15, 2021
Bloomberg Quicktake

How Will Americans Spend Their $1,400 Stimulus Checks?

OppFi CEO Jared Kaplan and Bloomberg News markets reporter Sonali Basak joined Quicktake to discuss a variety of issues, from...

Published on: March 12, 2021

Meet America’s Best Startup Employers 2021

OppFi is named on Forbes America's Best Startup Employers 2020. Company is one of only three financial startup companies based...

Published on: March 9, 2021
One Million by One Million Blog

Thought Leaders in Financial Technology: OppFi CEO Jared Kaplan

Consumer credit is getting destroyed at a furious pace. OppFi helps credit-challenged borrowers access credit and heal their credit scores.

Published on: March 2, 2021
American Banker

SPACs supercharging fintechs

Opportunity Financial began contemplating whether to go public in early 2020. The online lender wanted to flesh out its installment...

Published on: February 19, 2021
Banking Dive

OppLoans rebrands, will go public through merger with SPAC

The Chicago-based loan servicer looks to reach upmarket with a credit-card rollout this year and a payroll deduction secured installment...

Published on: February 12, 2021

Everyday Credit FinTech OppFi Will Go Public Via SPAC

FinTech platform Opportunity Financial (OppFi) has entered into an agreement with special purpose acquisition company (SPAC) FG New American Acquisition Corp. (FGNA) to become...

Published on: February 11, 2021
American Banker

OppFi is the latest fintech to go public via SPAC

Opportunity Financial, a fintech that partners with banks to offer loans to consumers with low credit scores, is going public.

Published on: February 11, 2021

Joe Moglia on his SPAC merging with OppFi in $800 million deal

CNBC's Bob Pisani talks with former TD Ameritrade CEO Joe Moglia on his SPAC acquiring OppFi in $800 million deal...

Published on: February 10, 2021
S&P Global Market Intelligence

Banking fintech OppFi to go public via SPAC merger

Financial technology firm Opportunity Financial LLC, or OppFi, agreed to merge with blank-check company FG New America Acquisition Corp. to...

Published on: February 10, 2021
Crain’s Chicago Business

Online lender going public yet another blank-check deal

OppLoans' deal, with a firm started by former TD Ameritrade CEO Joe Moglia, is the second such transaction for a...

Published on: February 10, 2021
Business Insider

Former TD Ameritrade CEO and chairman Joe Moglia's SPAC just announced plans to acquire fintech OppLoans in a deal valued at $800 million

TD Ameritrade's former top executive has found a target for his so-called blank check company.

Published on: February 10, 2021
Thrive Global

Jared Kaplan of OppLoans: “You’re never not changing”

Jared Kaplan is the Chief Executive Officer of OppLoans, a leading financial technology platform that provides accessible products and a...

Published on: January 7, 2021
Banking Dive

With stimulus in legislative limbo, market may see boost in small-dollar loans

Four regulators issued guidance on the products in May, but banks have been slow to roll out offerings. Higher demand...

Published on: October 1, 2020
Authority Magazine

Meet the Disruptors: Jared Kaplan of OppLoans On The Three Things You Need To Shake Up Your Industry

As a part of our series about business leaders who are shaking things up in their industry, I had the...

Published on: September 30, 2020
The Wall Street Journal

Regulating Fintech as It Becomes Pervasive

Messrs. Brooks and Calomiris bring context to why lending that occurs nationally should operate under a single regulatory framework, instead...

Published on: September 15, 2020

The Pandemic Is Putting Banks To The Test. Here's How They Can Pass

The Covid-19 pandemic has laid bare many of the challenges inherent to our economic system.

Published on: September 4, 2020

72 Percent of Credit-Challenged Americans Set Back by COVID-19

An all too familiar statistic is the Federal Reserve’s 2018 finding that 40 percent of Americans would struggle to pay for...

Published on: August 21, 2020
Nerdwallet | AP

How to take a high-interest loan and skip the debt cycle

For the millions of Americans who struggle to afford an unexpected expense, high-interest payday and online loans may seem like...

Published on: July 29, 2020

Embracing Alternative Data in Loan Underwriting Would Provide Win-Win for Credit Access in Pandemic

According to research from credit bureau TransUnion to measure consumer hardship caused by COVID-19, nearly 70 percent of Americans are...

Published on: May 18, 2020
Crain's Chicago Business

OppLoans Named one of Crain's Largest Privately Help Companies and #2 for Revenue Growth

The annual ranking is back and bigger than before.

Published on: April 17, 2020
American Banker

Is Now the Right Time for Banks to Resume Small Dollar Lending

Published on: April 6, 2020
Financial Times

OppLoans Named one of Financial Times' Americas’ fastest-growing companies

The ranking highlights 500 businesses across the continent for whom innovation and creativity have paid off — attributes that will...

Published on: April 6, 2020

Banks Must Offer Small Dollar Credit to Rapidly Solve America's Credit Access Crisis

The severity of the effects of COVID-19 on our financial system is beyond a reality check for decision-makers - it...

Published on: March 26, 2020
Lend Academy Blog

New Action Plans from the Leading Consumer Lenders

The OppLoans Disaster Borrower’s Assistance Program allows customers to skip their upcoming payment without incurring any penalties or accruing additional...

Published on: March 25, 2020
American Banker

Will the US ever enact a national interest rate cap?

Published on: March 6, 2020

With CardWorks, Ally gains tools to broaden customer reach

Jared Kaplan of OppLoans comments on bank and fintech partnership to create access to wider credit-challenged population.

Published on: February 21, 2020

How to Create an Environment for Top Talent

OppLoans CEO Jared Kaplan gives his strategies to lead top talent, including what is working for their company to grow...

Published on: January 3, 2020

Chicago's Startup Scene Is as Hot as Ever. Just Ask These 10 Fast-Growing Companies

This four-time Inc. 5000 honoree offers personal installment loans to nonprime borrowers

Published on: December 20, 2019

Millennials Feel Held Back By Their Credit Scores

Millennials are feeling the pressure that comes from a less-than-stellar credit history.

Published on: July 25, 2018
EdTech Digest

Life Lessons—Building an online curriculum for economic empowerment.

Jared Kaplan discussses OppU, an online curriculum that provides free financial literacy lessons to schools, colleges and consumers.

Published on: September 6, 2017
Built In Chicago

For this startup, customer retention is a bad thing

In business, the importance of long-term relationships is the closest you’ll come to a universally accepted truth. But for OppLoans,...

Published on: September 6, 2017
Yahoo! Finance

OppLoans Named the #1 Personal Lender on LendingTree in the 2nd Quarter

Based on actual customer experience, socially responsible online lender OppLoans takes the top spot for personal loans on LendingTree's list...

Published on: September 16, 2016
Yahoo! Finance

Technology-Driven Lender OppLoans Launches New Website and Application to Offer Responsible Alternative to Payday Loans

Alt Lending 3.0 FinTech firm OppLoans launches more efficient online customer portal to help non-prime borrowers access responsible financial products...

Published on: April 27, 2016
Yahoo! Finance

OppLoans Launches Line of Credit Personal Loan Product in Maryland

OppLoans extends its industry leading credit products to Maryland to better serve non-prime borrowers with better personal loans that include...

Published on: December 15, 2015
Yahoo! Finance

OppLoans Welcomes Jared Kaplan as President & CEO

Experienced marketing, operations and growth executive joins fast-growing, newly branded online lending company.

Published on: November 3, 2015

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