Finalizes Divestiture of 50% Ownership in CWAMOORESVILLE, NC / ACCESSWIRE / August 10, 2021 / Fundamental Global®, a private partnership focused on long-term strategic holdings, announced the closing of its first SPAC transaction for FG New America Acquisition Corp (NYSE:FGNA) with OppFi Inc. (NYSE:OPFI), a leading financial technology platform that powers banks to help everyday consumers gain access to credit.Former Chairman and CEO of TD Ameritrade and Fundamental Global® Chairman Joe Moglia said, "We continue to be very impressed by the significant growth the OppFi team has achieved. We look forward to their ongoing expansion as the company builds out its data driven digital platform to r

This newly created executive role will help lead and grow the company's innovative technology, product, and go-to-market strategies OppFi Inc. (NYSE:OPFI) ("OppFi"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced that Neville Crawley, former CEO of the global fintech platform Kiva, has joined OppFi as President, reporting to OppFi CEO Jared Kaplan. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210803005290/en/Fintech leader Neville Crawley joins OppFi as President to help lead and grow company's innovative technology, product, and go-to-market strategies.

FG New America Acquisition Corp. (NYSE:FGNA) ("FGNA"), a special purpose acquisition corporation, today announced that FGNA's stockholders have approved all proposals related to the previously announced proposed business combination (the "Business Combination") with Opportunity Financial, LLC ("OppFi"), a leading financial technology platform that powers banks to serve the everyday consumer, at a special meeting in lieu of the 2021 annual meeting of its stockholders held on July 16, 2021. The closing of the Business Combination is anticipated to occur on or about July 20, 2021. Following the closing, the combined company will operate as OppFi Inc. and its shares of Class A common stock and

Nationally ranked fintech ranks 7th in the 50 fasting growing companies in Chicagoland by Crain's Chicago Business Opportunity Financial, LLC ("OppFi"), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today it has been named the 7th fastest-growing Chicagoland company by Crain's Chicago Business. This is the third consecutive time OppFi has been named a Crain's Fast 50, ranking fourth in 2019 and eighth in 2020. "Being named to this prestigious list for the third year is truly a great honor. As a Chicago-based fintech, this recognition holds extra meaning to us because it recognizes our dedication to building a great pl

CHICAGO--(BUSINESS WIRE)--Opportunity Financial, LLC ("OppFi"), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today a new relationship with Best Money Moves, an award-winning, mobile-first financial wellness technology platform that provides financial education solutions for non-prime borrowers. SalaryTap allows banks through the OppFi platform to offer multi-year small dollar installment loan products through a consumer's employer that range from $2,000 to $5,000 and extend prime pricing to non-prime consumers. The products offered on the platform are fully transparent with no additional fees or charges levi

CHICAGO, June 3, 2021 /PRNewswire/ -- Opportunity Financial, LLC ("OppFi"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced that the company will participate at the upcoming Piper Sandler Global Exchange & FinTech Conference on Thursday, June 10, 2021. At 4:00 p.m. ET on June 10, Jared Kaplan, chief executive officer, OppFi, will participate in a fireside chat. A live audio webcast will be accessible to the general public through the conference link and on the OppFi investor relations site. On Febr

CHICAGO, June 2, 2021 /PRNewswire/ -- Opportunity Financial, LLC ("OppFi"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced today the national expansion of SalaryTap, an employer payroll-linked loan product, into 33 new states. The expansion of SalaryTap into 33 markets reflects the interest in the product as well as OppFi's continued growth as the company adds additional products and services to increase credit access for the everyday consumer. OppFi plans to further expand the SalaryTap platform into 4

SPAC Investment and Services Strategy Delivers Unrealized Gain of $3.6 Million FG Financial Group, Inc. (NASDAQ:FGF) (the "Company"), a reinsurance and investment management holding company focused on opportunistic collateralized and loss capped reinsurance, while allocating capital to SPAC and SPAC sponsor-related businesses, today announced results for the first quarter ended March 31, 2021. Management Commentary FGF CEO Larry Swets, Jr. commented, "In the first quarter we continued to advance our multi-pronged strategy, coupling a selective reinsurance practice with an asset management practice centered on the provision of SPAC sponsor-related businesses. Most notably, our first quart

CHICAGO, May 11, 2021 /PRNewswire/ -- Opportunity Financial, LLC ("OppFi"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced that the company will participate in this month's upcoming investor conferences. OppFi and FG New America Acquisition Corp. (NYSE:FGNA), a special purpose acquisition corporation, recently entered into a definitive agreement for a business combination that would result in OppFi becoming a public company. On Thursday, May 13, Jared Kaplan, chief executive officer, and Shiven Sha

CHICAGO, April 26, 2021 /PRNewswire/ -- Opportunity Financial, LLC ("OppFi"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced today that Jared Kaplan, CEO, will be speaking at the LendIt Fintech USA 2021 Conference. The session, "Measurement In Practice: Executing on Improving Financial Health," will be a conversation between Kaplan and Suman Bhattacharyya, a technology and financial services journalist, held virtually on Wednesday, April 28, 2021 at 3:10 p.m. Eastern Time. Interested parties can register for the virtual event at https://www.lendit.com/usa/2021/register/.