OppFi Inc.

Chicago-based fintech platform offering installment loans to underserved consumers

What OppFi does

OppFi runs a digital lending platform that helps banks offer installment loans to U.S. consumers. Its main brand, OppLoans, serves people who have been turned away by mainstream lenders. The company was founded in 2012 and is based in Chicago.

How OppFi makes money

OppFi earns revenue from the installment loans made through its OppLoans platform. The platform is offered in partnership with banks and serves borrowers that traditional lenders turn away.

Products & services

• OppLoans
• Online installment loans
• Tech-enabled lending platform for bank partners
• Consumer credit access for underserved borrowers