OppFi appoints Founder and Executive Chairman Todd Schwartz to additional role of CEO

– USA, IL –  OppFi Inc. (NYSE: OPFI), a leading financial technology platform that helps everyday consumers gain access to credit, today announced the appointment of founder and Executive Chairman Todd Schwartz to the additional role of CEO, replacing Neville Crawley who has stepped down from his positions.

“The OppFi Board of Directors is keenly focused on delivering value to all stakeholders while staying true to OppFi’s original mission of financial inclusion. As OppFi enters its next phase of growth, we believe Todd Schwartz is uniquely qualified to lead the Company as CEO,” said Lead Independent Director, Jocelyn Moore.

“I am thrilled to once again be CEO of OppFi and to build on OppFi’s success and drive forward our mission to empower millions of everyday consumers to build better financial health,” said Schwartz. “Having been a part of OppFi’s journey since founding the Company in 2012, I am more confident now than ever in our growth opportunity and mission to unlock credit access for millions of consumers. I believe in this Company, in our dedicated team, and in our steadfast commitment to financial inclusion.”

“I look forward to working closely with our Board of Directors and executive team to execute on our strategic vision,” added Schwartz. “I am especially proud to have my dad, Ted Schwartz, as a member of our Board of Directors. As a founder himself, he has more than 40 years of operating experience and will be a great strategic thought partner.”

Since becoming OppFi’s Executive Chairman in 2015, Schwartz has also held a role as Managing Partner of Schwartz Capital Group, where he focused on the firm’s direct equity and real estate investments, and its affiliated consumer growth equity firm, Strand Equity Partners.

About OppFi

OppFi is a leading financial technology platform that powers banks to offer accessible products and a top-rated experience to everyday consumers. OppFi’s platform facilitates an installment loan product, OppLoans. The company has been an Inc. 5000 company for five straight years, a four-time Deloitte’s Technology Fast 500™, and the seventh fastest-growing company in Chicagoland in 2021 by Crain’s Chicago Business. The company was also listed on the Forbes America 2021 list of America’s Best Startup Employers and Built In’s 2021 Best Places to Work in Chicago. OppFi maintains an A+ rating from the Better Business Bureau and maintains a 4.8/5 star rating with more than 14,000 online customer reviews, making it one of the top customer-rated financial platforms online.

For more information : https://www.oppfi.com/

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