OppFi (OPFI) investor relations material

Mission and market opportunity

• Aims to serve over 60 million U.S. consumers who are credit marginalized, focusing on those with limited access to traditional credit options.

• 43% of families face difficulties paying bills, and 42% have less than one month of savings.

• The addressable market includes 48 million underbanked Americans.

Business model and customer profile

• Operates a tech-enabled digital finance platform partnering with banks to offer financial products.

• Typical customer has $50k annual income, $298 average savings, is 43 years old, with 38% married and 28% homeowners.

• Offers simple interest, amortizing installment loans with no hidden fees, and reports to major credit bureaus.

Technology and underwriting

• Uses a sixth-generation machine learning model for dynamic underwriting, leveraging over 15 billion data points.

• 92% of underwriting decisions are automated, improving efficiency and targeting creditworthy borrowers.

• New credit model increased originations by 3.3% without raising charge-offs.