OppFi (OPFI) investor relations material

Company overview and mission

• Operates as a tech-enabled digital finance platform partnering with banks to serve credit-marginalized Americans.

• Achieved a 79 NPS score, facilitated over $7.8B in loans since 2012, and maintained ten years of positive net income.

• Targets 60 million US consumers facing credit insecurity, focusing on those with limited access to traditional credit.

• Customers are typically borrowing for needs, not wants, with 33% college-educated and 28% homeowners.

• Emphasizes transparency, no fees, and credit-building opportunities through reporting to major bureaus.

Product differentiation and customer experience

• Offers simple interest amortizing installment loans with no late, NSF, or origination fees.

• Provides same-day funding for many applicants and compassionate support during financial hardship.

• Uses cash flow underwriting to ensure responsible lending and reports to credit bureaus to help customers build credit.

• Delivers a fully digital application process with optional live agent support and 24/7 account access.

• Promotes financial health with free education resources and has a high rate of customer referrals and repeat business.

Technology and underwriting advancements

• Employs a proprietary machine learning model (Model Six) for credit risk assessment, leveraging 15 million data points.

• Model Six enables risk-based pricing and higher originations without increasing losses, using alternative credit data.

• Achieved a 3.3% increase in incremental originations with stable charge-offs after implementing the new model.

• 92% of credit decisions are automated, improving efficiency and scalability.