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OppFi logo — Tech-enabled mission-driven specialty finance platform broad...

OppFi

Tech-enabled mission-driven specialty finance platform broadening the reach of community banks to extend credit access

Founded 2009 United States Chicago, United States 447 employees Post-IPO Debt Total: $450.00M Financial Services, Fintech +1

General Information

Company Name OppFi
Founded Year 2009
Location United States Chicago, United States
Employees 447
Industries Financial Services, Fintech, Information Technology
Funding Stage Post-IPO Debt
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About OppFi

OppFi is a tech-enabled, mission-driven specialty finance platform that aims to expand the reach of community banks to provide credit access to everyday Americans. The company focuses on offering best-in-class customer service, transparency, responsible lending, and financial inclusion to support consumers often rejected by mainstream options, helping them improve their financial health. OppLoans by OppFi has achieved a remarkable 4.5/5.0-star rating on Trustpilot with over 4,000 reviews, positioning it as one of the top consumer-rated financial platforms online. Notably, OppFi has been recognized for its significant growth, landing a spot on Inc. 5000 for five consecutive years, being named in Deloitte’s Technology Fast 500™, and ranking as the seventh fastest-growing company in Chicagoland in 2021 per Crain’s Chicago Business, based on a five-year growth rate. Additionally, the company received accolades, such as being named one of Crain’s 2023 Fast 50 and Built In’s 2024 Best Places to Work in Chicago. With an A+ rating from the Better Business Bureau (BBB), an 83 Net Promoter Score, and a 4.5/5-star rating on Trustpilot with over 3,600 reviews, OppFi has solidified its position as one of the top customer-rated financial platforms online. The company's latest significant development is a $250.00M post-IPO debt investment on the 7th July 2023 by Atalaya Capital Management. OppFi continues to pursue its mission to provide credit access for millions of consumers and is actively seeking creative new talent to join its team.

Business keywords: specialty finance, mission-driven, credit access, responsible lending, financial inclusion, tech-enabled platform, community banks, growth company, chicagoland, online finance, BBB rating, Net Promoter Score

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $250.00M 1
Atalaya Capital Management
Atalaya Capital Management
07 Jul 2023
Post IPO Debt $150.00M 2
Castlelake
Castlelake, Hudson Cove Capital
12 Dec 2022
Debt Financing $50.00M 1
Atalaya Capital Management
Atalaya Capital Management
29 Mar 2021

OppFi Alternatives & Competitors

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OppFi vs
CashHero
CashHero Cambodia

Our mission is to utilize technology and big data to provide credit to those that need it the most....

12 employees
Financial Services, Fintech
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OppFi vs
VIVA Finance
VIVA Finance United States

Building an inclusive financial system.

Series A
43 employees
Financial Services, Fintech
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OppFi vs
Happy Money
Happy Money United States

You only get happier from here.

Growth
389 employees
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Also compare with: OppFi vs Jeff App Jeff App View all alternatives

FAQ About OppFi

Tech-enabled mission-driven specialty finance platform broadening the reach of community banks to extend credit access
OppFi was founded in 2009.
OppFi is headquartered in Chicago, United States.
OppFi operates in Financial Services, Fintech and Information Technology. Its work centres on specialty finance, mission-driven, credit access and responsible lending.
OppFi has approximately 447 employees.
OppFi has completed 3 funding rounds, raising a total of $450.00M. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to OppFi include CashHero, VIVA Finance, Happy Money, Stashfin, Jeff App. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OppFi and CashHero are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for OppFi, https://bouncewatch.com/company/oppfi-1, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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